Solvency II Implementation definition

Solvency II Implementation means the date from which legislation, rules or other measures implementing Solvency II in the UK (or, if the UK Regulator ceases to be the Supplementary Supervisor or ceases to be the Group Supervisor, in the jurisdiction of the replacement Supplementary Supervisor or of the replacement Group Supervisor, as applicable) are applied to the Issuer and/or the Group;
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Solvency II Implementation means 1 January 2016;
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Solvency II Implementation means the implementation of Solvency II (or any other change in law or any Relevant Rules if such implementation or other change in law or Relevant Rules results in Upper Tier 2 Capital and Lower Tier 2 Capital ceasing to be recognised as distinct tiers of capital) or, if later, the coming into effect of the same with respect to the Guarantor and/or the Insurance Group;
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Examples of Solvency II Implementation in a sentence

  • Two Internal Committees were established to assess the existing situation on Basel I and Solvency I implementation and develop a roadmap for future Basel and Solvency II Implementation.

  • The Terms and Conditions of the Notes as varied or substituted pursuant to Condition 7.6 of the Terms and Conditions of the Dated Tier 2 Notes must, among other things, have terms not materially less favourable to a holder than the terms of the Notes prior to such amendment or substitution, and contain terms which comply with then current requirements of the PRA in relation to Lower Tier 2 Capital or, on and from Solvency II Implementation, Tier 2 Capital.

  • Relocation of a classic or transitional HLS shall be to a location within the original premises, or to a location within an HLS concentration.

  • On the basis of the Solvency II Implementation Act and the Omnibus II Implementation Act, the Chapters of the Bankruptcy Act and the NFSA on insolvency proceedings in respect of Insurance Companies have however not changed materially.

  • The Department shall approve a provider of pupil activity first aid programs on an annual basis (July 1 – June 30).Providers of the pupil activity first aid programs may include, but are not limited to:1.

  • If the sale is restricted to bumiputra only, the intending bidders shall be bumiputra or bumiputra Company only.

  • It is known that Pluronic adsorption layers may give satisfactory modification effect with respect to for blood compatibility providing of solid surfaces [14].

  • Jelena Kočović, Marija Koprivica, Blagoje Paunović,„Initial Effects of Solvency II Implementation in the European Union“, Ekonomika preduzeća No. 7–8, 2017, pp.

  • He is a Life and Health actuary with diverse experience in US, Latin America, Asia/Pacific, and UK/Ireland insurance markets specializing in Asset/Liability, Finance, Investment, Merger & Acquisition, Product Development, Risk Management, Solvency II Implementation, and Talent Development.


More Definitions of Solvency II Implementation

Solvency II Implementation means the implementation by the FSA of Solvency II or any other change in law or any Relevant Rules only if such implementation or other changes result in Upper Tier 2 Capital and Lower Tier 2 Capital ceasing to be recognised tiers of capital;
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Solvency II Implementation means the date from which the Solvency II Regulations are applied to the Issuer and/or the Group;
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Solvency II Implementation means the implementation by the PRA, or other direct application to the Issuer and/or the Insurance Group, of Solvency II or any other change in law or any Relevant Rules (or, if later, the coming into effect of the same with respect to the Issuer, the Guarantor and/or the Insurance Group);
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Solvency II Implementation means the implementation or application of Solvency II in the UK;
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Solvency II Implementation. ’ means the implementation or application of Solvency II in the UK; ‘‘Special Redemption Price’’ has the meaning given to it in the relevant Final Terms;
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Solvency II Implementation means the date from which Solvency II or the legislation, rules or other measures implementing Solvency II in Ireland are applied to the Issuer;
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Related to Solvency II Implementation

  • Solvency II Directive means Directive 2009/138/EC of the European Parliament and of the Council of the European Union of 25 November 2009 on the taking-up and pursuit of the business of insurance and reinsurance (Solvency II);

  • Project Implementation Unit and “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Implementation Date means the date, occurring after the Approval Date, on which the Merger is implemented by the Merging Parties;

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Solvency II means the Solvency II Directive and any additional measures adopted to give effect to the Solvency II Directive (for the avoidance of doubt, whether implemented by way of a regulation (including, without limitation, the Level 2 Regulations), a directive, application of relevant EIOPA guidelines or otherwise);

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Implementation Services has the meaning set forth in Section 2.1.