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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 Insurance General Application 3, the Society.



The internal model requirements apply regardless whether a firm uses, in its internal model, a model or data obtained from a third party.

Additional Notes

[Note: Art. 126 of the Solvency II Directive]