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Application provision

1.1 Unless otherwise stated, this Part applies to:

  1. (1) a UK Solvency II firm; and
  2. (2) in accordance with General Application 3, the Society.
  3. (3) in accordance with General Application 3, managing agents, for the purposes of 7.

6.1

01/01/2016

A firm must have in place:

  1. (1) appropriate systems and structures to fulfil the requirements of 3 to 5; and
  2. (2) a written policy ensuring the ongoing appropriateness of any information disclosed:
    1. (a) in accordance with the requirements referred to in (1); and
    2. (b) on a voluntary basis as further information or explanation related to the SFCR which is not already required to be disclosed.

Additional Notes


[Note: Art. 55(1) of the Solvency II Directive]

6.2

01/01/2016

A firm must ensure that its SFCR is:

  1. (1) subject to approval by its governing body; and
  2. (2) not publicly disclosed until the approval referred to in (1) is received.

Additional Notes


[Note: Art. 55(2) of the Solvency II Directive]