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Term Definition Legal instruments

supervisory authority


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

means the national authorities empowered by law or regulation of the UK to supervise UK Solvency II firms for the purposes of the provisions implementing the Solvency II Directive, being the PRA and FCA.

Additional Notes

[Note: Art. 13(10) of the Solvency II Directive]