Article 7
Maintaining, changing or removing the capital add-on
When considering whether to maintain, change or remove the capital add-on the supervisory authority shall take into account any of the following:
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(a) |
information submitted by the insurance or reinsurance undertaking during the process of setting and calculating the capital add-on; |
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(b) |
information obtained by the supervisory authority through the supervisory review process and through any subsequent supervisory activity; |
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(c) |
information provided in the progress report if requested by the supervisory authority in accordance with Article 5; |
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(d) |
any other relevant information indicating a material change in the circumstances that led to the setting of the capital add-on. |