PART 3Groups
CHAPTER 8Mixed-activity insurance holding companies
Intra-group transactions37
1
This regulation applies where—
a
the parent undertaking of one or more insurance undertakings or reinsurance undertakings in the group is a mixed-activity insurance holding company; and
b
the PRA supervises one or more of the insurance undertakings or reinsurance undertakings in the group.
2
The PRA must exercise general supervision over transactions between—
a
the mixed-activity holding company and its related undertakings; and
b
the insurance undertakings or reinsurance undertakings supervised by the PRA.
F13
The requirements in regulation 24 apply to the transactions specified in paragraph (2).