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Article 5 - Implementing Regulation 2015/500

Article 5

Additional content of the written application

In addition to the information specified in Articles 3 to 4 of this Regulation, the application shall also include the following:

(a)

confirmation that the conditions of Article 77b(3) of Directive 2009/138/EC will be met if supervisory approval to apply a matching adjustment is granted;

(b)

the liquidity plan required under Article 44(2) of Directive 2009/138/EC;

(c)

the assessments required under Article 44(2a)(b) of Directive 2009/138/EC;

(d)

the assessments required under Article 45(2a) of Directive 2009/138/EC;

(e)

a detailed explanation and demonstration of the calculation process used to determine the matching adjustment in accordance with the requirements of Article 77c of Directive 2009/138/EC;

(f)

a list of the other applications submitted by the insurance or reinsurance undertaking, or currently foreseen within the next six months, for approval of any of the items of the phasing-in listed in Article 308a(1) of Directive 2009/138/EC.