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The Solvency 2 Regulations 2015

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8.—(1) Section 167 (appointment of persons to carry out general investigations) is amended as follows.U.K.

(2) In subsection (2)—

(a)at the end of paragraph (a) omit “or”;

(b)at the end of paragraph (b) insert “ ; or; ” and

(c)after paragraph (b) insert—

(c)where A is an insurance undertaking, reinsurance undertaking or third-country insurance undertaking, a person who provides services to A..

(3) After subsection (3), insert—

(3A) If a person appointed under subsection (1) decides under subsection (2)(c) to investigate a person located in an EEA State other than the United Kingdom the person appointed must inform the supervisory authority of that EEA State prior to conducting an on-site inspection..

F21972 c.68; section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7). By virtue of the amendment of section 1(2) made by section 1 of the European Economic Act 1993 (c. 51) regulations may be made under section 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073, OJ No L1, 3.11.1994, p.3) and the Protocol adjusting that Agreement signed at Brussels on 17th March 1993 (Cm 2183, OJ No L1, 3.1.1994, p.572).

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