Updated 05/02/2025
In force

Version from: 14/11/2024
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Article 66 - Delegated Regulation 2015/35

Article 66

Specification of amount relating to an unlimited amount of ancillary own funds

1.  
The supervisory authorities shall not approve an unlimited amount of ancillary own funds.
2.  
Where the supervisory authorities approve an amount of ancillary own funds, the decision of the supervisory authorities shall specify whether the amount that has been approved is the amount for which the insurance or reinsurance undertaking has applied or a lower amount.