Updated 04/02/2025
In force

Version from: 17/01/2025
Amendments (1)
There is currently no Level 2 legal act based on or specifying Article 40.
EIOPA-CP- 13/08
Published: 09/10/2013
Art. 40
EIOPA-CP-13/08
Published: 27/03/2013
Art. 40
EIOPA/13/413
Published: 27/09/2013
Art. 40
EIOPA-BoS-14/150
Published: 27/10/2014
Art. 40
EIOPA-BoS-14/253
Published: 28/01/2015
Art. 40
EIOPA-BoS-14/253 EN
Published: 01/01/2014
Art. 40
EIOPA-CP-15/008
Published: 30/10/2015
Art. 40
EIOPA-BoS-16-071
Published: 18/03/2016
Art. 40
EIOPA-BoS-16-071
Published: 06/04/2016
Art. 40
EIOPA-BoS-23/363
Published: 05/10/2023
Art. 40
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SII ToolSolvency II Directive (SII)
Article 40

Article 40 - Directive 2009/138/EC (Solvency II Directive)

Attention! This article was amended after the current consolidated version was issued. The amendments apply since 28/01/2025. Please consult Directive 2025/2 to review the changes made to the article.

Article 40

Responsibility of the administrative, management or supervisory body

Member States shall ensure that the administrative, management or supervisory body of the insurance or reinsurance undertaking has the ultimate responsibility for the compliance, by the undertaking concerned, with the laws, regulations and administrative provisions adopted pursuant to this Directive.