Solvency II Regulation definition
Examples of Solvency II Regulation in a sentence
The method of retention is in the form of an originator’s interest (as described in Article 405(1)(b) of the CRR, Article 51(1)(b) of the AIFM Regulation and Article 254(2)(b) of the Solvency II Regulation), which form has not changed and will not change and which retention will not be subject to any credit risk mitigation, any short position or any other hedge and will not be sold, except as permitted by the EEA Risk Retention Rules.
The method of retention will be in the form of an originator’s interest (as described in Article 405(1)(b) of the CRR, Article 51(1)(b) of the AIFM Regulation and Article 254(2)(b) of the Solvency II Regulation), which form will not change and which retention will not be subject to any credit risk mitigation, any short position or any other hedge and will not be sold, except to as permitted by the EEA Risk Retention Rules.
On the Closing Date, such interest is retained in accordance with item 1(d) of article 405 of the CRR, article 51 of the AIFMR and article 254 of the Solvency II Regulation.
Such common rules replace the existing provisions in CRR, Solvency II, Solvency II Regulation and the AIFMR and introduce similar rules for UCITS management companies regulated by the UCITS Directive, institutions for occupational retirement provisions falling within the scope of the IORP Directive or an investment manager or an authorised entity appointed by an institution for occupational retirement provisions pursuant to article 32 of the IORP Directive.
As at the Closing Date, such interest is retained in accordance with item 1(d) of article 405 of the CRR, article 51 of the AIFMR and article 254 of the Solvency II Regulation.