6
Policy and Approval: Solvency and Financial Condition Report
6.1
A firm must have in place:
- (1) appropriate systems and structures to fulfil the requirements of 3 to 5; and
- (2) a written policy ensuring the ongoing appropriateness of any information disclosed:
- (a) in accordance with the requirements referred to in (1); and
- (b) on a voluntary basis as further information or explanation related to the SFCR which is not already required to be disclosed.
[Note: Art. 55(1) of the Solvency II Directive]
- 01/01/2016
6.2
A firm must ensure that its SFCR is:
- (1) subject to approval by its governing body; and
- (2) not publicly disclosed until the approval referred to in (1) is received.
[Note: Art. 55(2) of the Solvency II Directive]
- 01/01/2016