Glossary

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Term Definition Legal instruments

participating undertaking

31/12/2020

The changes to this defined term are effective from 23:00 on 31/12/2020.

means an undertaking that holds a participation in another undertaking or an undertaking linked with another undertaking by a common management relationship.

[Note: Art. 212(1)(a) of the Solvency II Directive]

 Instruments