PART 3Groups

CHAPTER 6Measures to facilitate group supervision

Group solvency and financial condition report33

Where the PRA is the group supervisor of a group and the PRA has received a request from—

a

an insurance undertaking which is a participating undertaking;

b

a reinsurance undertaking which is a participating undertaking;

c

an insurance holding company;

d

a mixed financial holding company,

to provide a single solvency and financial condition report in accordance with rules implementing Article 256 of the Solvency 2 Directive, the PRA must consult and duly take into account any views and reservations of the other members of the college of supervisors before agreeing to the request.