Article 8 | IORP II | Directive 2016/2341 | judict

Updated 05/02/2025

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Article 8

Article 8 - Directive 2016/2341 (IORP II)

Article 8

Legal separation between sponsoring undertakings and IORPs

Member States shall ensure that there is a legal separation between a sponsoring undertaking and an IORP registered or authorised in their territories in order that the assets of the IORP are safeguarded in the interests of members and beneficiaries in the event of bankruptcy of the sponsoring undertaking.

Table of contents

TITLE I - GENERAL PROVISIONS (Article 1-12)Article 1 - Subject matter Article 2 - Scope Article 3 - Application to IORPs operating social security schemes Article 4 - Optional application to institutions covered by Directive 2009/138/EC Article 5 - Small IORPs and statutory schemes Article 6 - Definitions Article 7 - Activities of an IORP Article 8 - Legal separation between sponsoring undertakings and IORPs Article 9 - Registration or authorisation Article 10 - Operating requirements Article 11 - Cross-border activities and procedures Article 12 - Cross-border transfers

TITLE II - QUANTITATIVE REQUIREMENTS (Article 13-19)

TITLE III - CONDITIONS GOVERNING ACTIVITIES (Article 20-35)

TITLE IV - INFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES (Article 36-44)

TITLE V - PRUDENTIAL SUPERVISION (Article 45-59)

TITLE VI - FINAL PROVISIONS (Article 60-67)

ANNEX I ANNEX II