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Directive 2009/138/EC of the European Parliament and of the CouncilDangos y teitl llawn
Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance)
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Article 99Implementing measures
The Commission shall adopt implementing measures laying down:
(a)
the quantitative limits referred to in Article 98(1) and (2);
(b)
the adjustments that should be made to reflect the lack of transferability of those own-fund items that can only be used to cover losses arising from a particular segment of liabilities or from particular risks (ring-fenced funds).
Those measures, designed to amend non-essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 301(3).
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