Treatises on Solvency II:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Berlin ; Heidelberg
Springer-Verlag
[2015]
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| Schlagworte: | |
| Online-Zugang: | Inhaltstext Inhaltsverzeichnis |
| Beschreibung: | XXI, 478 Seiten 235 mm x 155 mm |
| ISBN: | 9783662462898 3662462893 |
Internformat
MARC
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| 245 | 1 | 0 | |a Treatises on Solvency II |c Meinrad Dreher |
| 263 | |a 201507 | ||
| 264 | 1 | |a Berlin ; Heidelberg |b Springer-Verlag |c [2015] | |
| 264 | 4 | |c © 2015 | |
| 300 | |a XXI, 478 Seiten |c 235 mm x 155 mm | ||
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| 653 | |a Consumer protection | ||
| 653 | |a EIOPA | ||
| 653 | |a European Insurance and Occupational Pensions Authority | ||
| 653 | |a German Insurance Law | ||
| 653 | |a EU insurance regulation | ||
| 653 | |a Solvency II | ||
| 653 | |a Insurance | ||
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Datensatz im Suchindex
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CONTENTS
PART I BASICS
1 HARMONIZATION OF INSURANCE SUPERVISORY LAW 3
1.1 INTRODUCTION 4
1.2 THE TYPOLOGY OF HARMONIZATION METHODS 5
1.3 THE EUROPEAN LAW SOURCES FOR HARMONIZATION OF THE INSURANCE
SUPERVISORY REGIME 8
1.3.1 THE SOLVENCY II FRAMEWORK DIRECTIVE 8
1.3.2 THE IMPLEMENTING REGULATIONS FOR THE SOLVENCY II
FRAMEWORK DIRECTIVE 12
1.3.3 THE EIOPA REGULATION 14
1.3.4 INTERIM RESULT 15
1.4 CONSEQUENCES FOR THE FUTURE INSURANCE SUPERVISORY SYSTEM IN
GERMANY 16
1.4.1 THE IMPACT OF FULL HARMONIZATION ON THE INSURANCE
SUPERVISION ACT 16
1.4.2 SUPERVISION ACCORDING TO THE PRINCIPLE OF ABUSIVENESS
WITH REGARD TO PRIMARY INSURANCE UNDERTAKINGS . 17
1.4.3 THE EFFECT OF FULL HARMONIZATION IN CERTAIN AREAS . 21
1.5 CONCLUSIONS 23
2 SUPERVISORY REVIEW PROCESS 27
2.1 INTRODUCTION 28
2.2 PRINCIPLES OF INSURANCE SUPERVISION UNDER SOLVENCY II 29
2.3 OBJECTIVE AND CONCEPT OF THE SUPERVISORY REVIEW PROCESS . 30
2.3.1 OBJECTIVE 30
2.3.2 ART. 36 OF THE SOLVENCY II DIRECTIVE AND ITS
IMPLEMENTATION IN SEC. 289, PARAS.
2-A
OF THE VAG
REG-E [GOVERNMENT'S DRAFT OF A TENTH ACT AMENDING
THE GERMAN INSURANCE SUPERVISION ACT) 31
2.3.3 THE CEIOPS ADVICE ON PROCEDURES FOR SUPERVISORY
AUTHORITIES 36
XIII
HTTP://D-NB.INFO/1064591760
XIV
CONTENTS
2.4 THE SUBJECTS OF THE SUPERVISORY REVIEW PROCESS 37
2.4.1 SUBJECT OF THE INVESTIGATION AND INVESTIGATORY
STANDARD 37
2.4.2 THE GOVERNANCE SYSTEM AS EXAMINATION SUBJECT. . . 41
2.4.3 CAPITAL REQUIREMENTS AS EXAMINATION SUBJECT 44
2.5 POWERS OF SUPERVISORY AUTHORITIES TO REMEDY WEAKNESSES
AND DEFICIENCIES 53
2.5.1 "WEAKNESSES OR DEFICIENCIES" AS LEGAL TERMS 53
2.5.2 THE ROLE OF ART. 36, PARA. 5 OF THE SOLVENCY II
DIRECTIVE IN THE CLASSIFICATION OF INTERVENTION
POWERS 58
2.5.3 NON-COMPLIANCE WITH CAPITAL REQUIREMENTS 60
2.5.4 NON-COMPLIANCE WITH REQUIREMENTS ON
GOVERNANCE 61
2.6 SUMMARY 63
3 INSURANCE SUPERVISORY LAW AND CONSUMER PROTECTION 67
3.1 INTRODUCTION 68
3.2 CONSUMER PROTECTION PROVISIONS OF THE NEW INSURANCE
SUPERVISORY REGIME 69
3.2.1 THE EIOPA REGULATION 69
3.2.2 THE SOLVENCY II DIRECTIVE 71
3.2.3 THE DRAFT REGULATION ON KEY INFORMATION DOCUMENTS
AND THE DRAFT DIRECTIVE ON INSURANCE MEDIATION . 72
3.2.4 THE SECOND AND THIRD REGULATORY LEVELS OF THE
SOLVENCY II SYSTEM 72
3.2.5 THE VAG-REGE [GOVERNMENT'S DRAFT OF A TENTH ACT
AMENDING THE GERMAN INSURANCE SUPERVISION ACT]. 73
3.2.6 THE BAFIN [FEDERAL FINANCIAL SUPERVISORY
AUTHORITY) 74
3.3 THE ROLE OF CONSUMER PROTECTION IN THE SUPERVISION OF
INSURANCE UNDERTAKINGS 75
3.3.1 THE OBJECTIVE OF SUPERVISION 75
3.3.2 FURTHER IMPLICATIONS 77
3.4 SUMMARY 94
PART II SOLVENCY
4 SOLVENCY REQUIREMENTS 99
4.1 INTRODUCTION 100
4.2 THE SOLVENCY SYSTEM UNDER SUPERVISORY LAW 101
4.2.1 THE ECONOMIC BALANCE SHEET (SOLVENCY STATEMENT). 101
4.2.2 OWN FUNDS UNDER SUPERVISORY LAW 102
4.2.3 CAPITAL REQUIREMENTS UNDER SUPERVISORY LAW 103
4.2.4 THE SUPERVISORY REVIEW PROCESS 107
CONTENTS XV
4.3 COMPLEXITY, VOLATILITY AND PROCYCLICALITY OF THE SOLVENCY
REQUIREMENTS: IMPLICATIONS FOR SOLVENCY SUPERVISION 109
4.3.1 THE PROBLEMS 109
4.3.2 COMPLEXITY ILL
4.3.3 VOLATILITY 115
4.3.4 PROCYCLICALITY 121
4.4 THE NEW ROLES OF THE MANAGING AND SUPERVISORY BOARDS,
SUPERVISORY AUTHORITIES, COURTS AND INSURANCE ACADEMICS IN THE
SOLVENCY SUPERVISION OF INSURANCE UNDERTAKINGS 124
4.4.1 THE MANAGING AND SUPERVISORY BOARDS OF INSURANCE
UNDERTAKINGS 124
4.4.2 THE SUPERVISORY AUTHORITIES 133
4.4.3 COMPETENT COURTS IN THE INSURANCE SUPERVISORY
REGIME 146
4.4.4 INSURANCE ACADEMICS 148
4.5 SUMMARY 149
PART III GOVERNANCE
5 OWN RISK AND SOLVENCY ASSESSMENT 157
5.1 INTRODUCTION 158
5.2 SUBJECT-MATTER AND OBJECTIVE OF THE ORSA 160
5.3 THE SOLVENCY II LEGAL PRINCIPLES APPLICABLE TO THE ORSA . . . 161
5.4 THE ORSA AND THE RISK MANAGEMENT SYSTEM 162
5.4.1 THE EUROPEAN LAW FRAMEWORK 162
5.4.2 PRESENT LAW: THE RELATIONSHIP OF THE ORSA
TO SEC. 64 A, PARA. 1, 2 OF THE VAG [GERMAN INSURANCE
SUPERVISION ACT] AND THE MARISK VA [MINIMUM
REQUIREMENTS FOR RISK MANAGEMENT (INSURANCE
SUPERVISION)] 164
5.4.3 FUTURE LAW: SEC. 28 OF THE VAG [GERMAN INSURANCE
SUPERVISION ACT] IN THE VERSION OF THE MINISTERIAL
DRAFT 167
5.5 ORSA, ACTUARIAL FUNCTION, STANDARD FORMULA
AND INTERNAL MODEL 170
5.6 THE ORSA, THE COMPLIANCE FUNCTION, AND THE INTERNAL
AUDIT FUNCTION 172
5.7 INDIVIDUAL ISSUES CONCERNING THE ORSA 173
5.7.1 THE ORSA AND FREE ENTERPRISE 173
5.7.2 THE RELATIONSHIP OF THE ORSA TO CAPITAL
ADD-ONS 179
5.7.3 THE OWN ASSESSMENT OF INTEREST RATE RISK 180
5.7.4 SIGNIFICANT DEVIATION FROM THE ASSUMPTIONS
UNDERLYING THE CALCULATION OF THE STANDARD FORMULA
AND THE INTERNAL MODEL 181
XVI
CONTENTS
5.8 DOCUMENTATION AND PUBLICATION OF THE ORSA 186
5.8.1 ADDRESSEES AND GENERAL PRINCIPLES OF THE ORSA
INFORMATION 186
5.8.2 THE INTERNAL REPORT 187
5.8.3 REQUIREMENTS FOR REPORTING TO THE SUPERVISORY
AUTHORITIES 187
5.8.4 REQUIREMENTS FOR REPORTING TO THE PUBLIC 190
5.9 SUPERVISORY POWERS WITH RESPECT TO THE ORSA 191
5.10 SUMMARY 192
6 FITNESS OF MEMBERS OF SUPERVISORY BOARD 195
6.1 INTRODUCTION 196
6.2 GENERAL REQUIREMENTS OF COMPANY LAW APPLICABLE TO THE
QUALIFICATION OF SUPERVISORY BOARD MEMBERS 197
6.2.1 THE FEDERAL COURT OF JUSTICE-RULING IN HERTIE 197
6.2.2 THE GERMAN CORPORATE GOVERNANCE CODE 199
6.3 THE INSURANCE SUPERVISORY REGIME REQUIREMENTS FOR THE
QUALIFICATION OF SUPERVISORY BOARD MEMBERS 200
6.3.1 THE STATUTORY RULES ON THE EXPERTISE REQUIREMENT. . . 200
6.3.2 THE BAFIN [FEDERAL FINANCIAL SUPERVISORY AUTHORITY]
BULLETIN OF 22 FEBRUARY 2010 204
6.3.3 AMENDMENTS IN THE PROCESS OF IMPLEMENTING
SOLVENCY II 206
6.4 INDIVIDUAL EXPERTISE OF THE SUPERVISORY BOARD MEMBERS
AND THE OVERALL QUALIFICATION OF THE SUPERVISORY BOARD 211
6.4.1 REQUIREMENTS FOR THE INDIVIDUAL SUPERVISORY BOARD
MEMBER 211
6.4.2 OVERALL QUALIFICATION OF THE SUPERVISORY BOARD . . . . 212
6.5 SUMMARY 214
7 DEFINITION AND HOLDERS OF KEY FUNCTIONS 217
7.1 INTRODUCTION 218
7.2 THE TERM "KEY FUNCTION" 219
7.2.1 THE KEY FUNCTIONS 219
7.2.2 TERMINOLOGICAL DUAL-TRACKING AND THE IRRELEVANCE
OF THE DIFFERENCE BETWEEN "KEY FUNCTION" AND
"KEY TASK" 220
7.2.3 THE TERM "KEY FUNCTIONS": EXHAUSTIVE OR OPEN? . . . 223
7.3 THE KEY FUNCTION HOLDERS AND THEIR SUBORDINATE STAFF
MEMBERS IN KEY FUNCTIONS 227
7.3.1 THE SOLVENCY II SYSTEM 227
7.3.2 THE EQUALIZATION OF KEY FUNCTION HOLDERS AND
PERSONS WHO EFFECTIVELY RUN THE UNDERTAKING 228
7.3.3 FACTUAL DISTINCTIONS IN THE DUTY OF NOTICE 231
7.3.4 FACTUAL DISTINCTIONS IN QUALIFICATION REQUIREMENTS . 231
CONTENTS
XVN
7.3.5 DETERMINATION OF EACH KEY FUNCTION HOLDER AND THE
STAFF MEMBERS SUBORDINATE TO THEM 232
7.4 SUMMARY 241
8 SUPERVISORY REVIEW OF KEY FUNCTIONS 243
8.1 INTRODUCTION 244
8.2 THE "FIT" REQUIREMENT FOR KEY FUNCTION HOLDERS AND THEIR
SUBORDINATE STAFF MEMBERS IN KEY FUNCTIONS 245
8.2.1 THE TWO-TIER QUALIFICATION STRUCTURE IN GENERAL. . . 245
8.2.2 THE SPECIAL RULES 247
8.2.3 THE FITNESS OF KEY FUNCTION HOLDERS 249
8.2.4 THE FITNESS OF SUBORDINATE STAFF TO KEY FUNCTION
HOLDERS 257
8.3 THE "PROPER" REQUIREMENT FOR KEY FUNCTION HOLDERS AND THEIR
SUBORDINATE STAFF MEMBERS IN KEY FUNCTIONS 258
8.3.1 THE TWO-TIER STRUCTURE OF THE PROPER REQUIREMENT
AND THE PROCEDURALIZATION OF THE PROPER REQUIREMENT
AS STARTING POINT 258
8.3.2 THE PROPER REQUIREMENT OF KEY FUNCTION HOLDERS . 259
8.3.3 THE "PROPER" REQUIREMENT FOR STAFF MEMBERS
SUBORDINATE TO KEY FUNCTION HOLDERS 264
8.4 THE REMUNERATION OF KEY FUNCTION HOLDERS 264
8.5 THE DUTIES OF NOTICE AND PUBLIC DISCLOSURE FOR KEY FUNCTION
HOLDERS 265
8.5.1 THE DUTIES OF NOTICE TO SUPERVISORY AUTHORITIES . . . 265
8.5.2 THE DUTIES OF PUBLIC DISCLOSURE 268
8.6 SUPERVISORY RECALL AND PROHIBITION OF EXERCISE OF FUNCTION FOR
KEY FUNCTION HOLDERS IN CASES OF FIT-AND-PROPER DEFICIENCIES
AND SUPERVISORY RIGHT TO DIRECT INFORMATION FROM KEY
FUNCTION HOLDERS 268
8.6.1 SOLVENCY II 268
8.6.2 VAG-REGE [GOVERNMENT'S DRAFT OF A TENTH ACT
AMENDING THE GERMAN INSURANCE SUPERVISION
ACT] 269
8.7 SUMMARY 271
9 'SENIOR MANAGEMENT' OF INSURANCE UNDERTAKINGS 275
9.1 INTRODUCTION 275
9.1.1 THE NORMATIVE RULES 276
9.2 'SENIOR MANAGEMENT' IN THE SOLVENCY II SYSTEM 277
9.3 SUMMARY 281
10 DEFINITION, TASKS AND LEGAL NATURE OF THE COMPLIANCE FUNCTION .
283
10.1 INTRODUCTION 284
10.2 THE LEGAL BASES OF COMPLIANCE UNDER THE INSURANCE
SUPERVISORY REGIME 286
XVIII
CONTENTS
10.2.1 THE RELATIONSHIP OF COMPLIANCE UNDER THE INSURANCE
SUPERVISORY REGIME TO COMPLIANCE UNDER GENERAL
COMPANY LAW 286
10.2.2 THE SOLVENCY II DIRECTIVE 287
10.2.3 THE DRAFT OF THE SOLVENCY II IMPLEMENTING
REGULATION 288
10.2.4 THE CEIOPS GUIDELINES ON THE SYSTEM
OF GOVERNANCE 290
10.2.5 THE EIOPA GUIDELINES ON THE SYSTEM
OF GOVERNANCE 291
10.2.6 THE VAG-REGE [GOVERNMENT'S DRAFT OF A TENTH ACT
AMENDING THE INSURANCE SUPERVISION ACT] 292
10.2.7 THE GOVERNMENT'S DRAFT OF THE GERMAN BANKING
RINGFENCING ACT 293
10.2.8 MARISK BA [MINIMUM REQUIREMENTS FOR RISK
MANAGEMENT (BANKING SUPERVISION)] 294
10.2.9 MACOMP VA [MINIMUM REQUIREMENTS FOR THE
COMPLIANCE FUNCTION (INSURANCE SUPERVISION)]? . 294
10.3 THE DEFINITION OF "COMPLIANCE UNDER THE INSURANCE
SUPERVISORY REGIME" 296
10.4 THE TASK OF COMPLIANCE UNDER THE INSURANCE SUPERVISORY
REGIME AND THE COMPLIANCE-RELATED REQUIREMENTS 299
10.4.1 UNDERLYING PRINCIPLES 299
10.4.2 GENERAL LEGAL MONITORING 306
10.4.3 ADVISING THE MANAGING BOARD 313
10.4.4 EVALUATION OF RISKS FROM CHANGES IN THE LEGAL
ENVIRONMENT 316
10.4.5 EVALUATION OF THE COMPLIANCE RISK 317
10.5 THE LEGAL NATURE OF COMPLIANCE UNDER THE INSURANCE
SUPERVISORY REGIME 318
10.5.1 THE LONG ARM OF THE INSURANCE SUPERVISORY
AUTHORITY? 318
10.5.2 COMPANY OFFICIALS? 319
10.5.3 STATUTORILY PRESCRIBED AND DESIGNED FUNCTIONS OF
UNDERTAKINGS 321
10.6 SUMMARY 322
11 INTEGRATING THE COMPLIANCE FUNCTION INTO THE LEGAL DEPARTMENT. 325
11.1 INTRODUCTION 326
11.2 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
AS A LEGAL PROBLEM 327
11.3 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
IN LIGHT OF THEIR RESPECTIVE RESPONSIBILITIES 328
11.3.1 CROSSOVER IN TASKS 328
CONTENTS XIX
11.3.2 ADVISEMENT OF INSURANCE UNDERTAKINGS' STAFF
MEMBERS AS AN AREA OF POTENTIAL CONFLICT 330
11.3.3 ADVISEMENT OF AN INSURANCE UNDERTAKING'S MANAGING
BOARD AS AN AREA OF POTENTIAL CONFLICT 331
11.3.4 FORMATION OF LAW BY THE LEGAL DEPARTMENT AS AN AREA
OF POTENTIAL CONFLICT 333
11.4 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
IN LIGHT OF THE SPECIAL RULES AIMED AT THE COMPLIANCE FUNCTION
AS A KEY FUNCTION 334
11.4.1 PARTICULAR COMPETENCIES 334
11.4.2 SPECIAL QUALIFICATIONS 335
11.5 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
IN LIGHT OF THE PRINCIPLE OF FUNCTIONAL SEGREGATION 336
11.6 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
IN LIGHT OF THE PRINCIPLE OF FUNCTIONAL INDEPENDENCE 337
11.7 COMBINING THE LEGAL DEPARTMENT AND THE COMPLIANCE FUNCTION
IN LIGHT OF THE PRINCIPLES OF FREEDOM OF INTERNAL ORGANIZATION
AND OF PROPORTIONALITY 338
11.8 SUMMARY 340
PART IV DISCLOSURE
12 SUPERVISORY REPORTING 345
12.1 INTRODUCTION 346
12.2 THE OBLIGATIONS TO NOTIFY BASED ON FORMAL GROUNDS 347
12.2.1 THE TERM "OBLIGATIONS TO NOTIFY BASED ON FORMAL
GROUNDS" 347
12.2.2 OBLIGATIONS TO NOTIFY BASED ON FORMAL ORGANIZATIONAL
GROUNDS 348
12.2.3 REPORTING DUTIES RELATED TO TARIFFS AND GENERAL
POLICY CONDITIONS 351
12.3 THE DISCLOSURE OBLIGATIONS OF FINANCIAL REPORTING 352
12.3.1 THE DISCLOSURE OBLIGATIONS FOR FINANCIAL REPORTING
BASED ON FORMAL ORGANIZATIONAL GROUNDS 352
12.3.2 THE DISCLOSURE OBLIGATIONS FOR SUBSTANTIVE FINANCIAL
REPORTING 357
12.4 THE DISCLOSURE OBLIGATIONS FOR RISK REPORTING 364
12.5 DISCLOSURE OBLIGATIONS AT THE GROUP LEVEL 366
12.5.1 THE OBLIGATIONS TO NOTIFY BASED ON FORMAL GROUNDS AT
THE GROUP LEVEL 366
12.5.2 THE DISCLOSURE OBLIGATIONS OF FINANCIAL REPORTING AT
THE GROUP LEVEL 368
12.5.3 THE DISCLOSURE OBLIGATIONS OF RISK REPORTING AT THE
GROUP LEVEL 371
12.6 THE DISCLOSURE OBLIGATIONS FOR FINANCIAL CONGLOMERATES . . . . 372
CONTENTS
12.7 FURTHER IMPLICATIONS 373
12.7.1 THE FUNCTION OF THE REPORTING AND DISCLOSURE
OBLIGATIONS 373
12.7.2 THE SCOPE OF THE REPORTING AND DISCLOSURE
OBLIGATIONS 375
12.7.3 THE RELATIONSHIP BETWEEN THE VAG [GERMAN
INSURANCE SUPERVISION ACT] AND SOLVENCY II DIRECTIVE
REGARDING REPORTING AND DISCLOSURE OBLIGATIONS. . . 377
12.7.4 THE CONCRETIZATION AND PRACTICAL MANAGEMENT OF
REPORTING AND DISCLOSURE OBLIGATIONS 380
12.8 SUMMARY 382
PUBLIC DISCLOSURE 385
13.1 INTRODUCTION 386
13.2 THE OBJECTIVES AND ADDRESSEES OF THE DUTIES OF PUBLIC
DISCLOSURE 388
13.3 MINIMUM CONTENT OF THE REPORT ON SOLVENCY AND FINANCIAL
CONDITION 391
13.3.1 OVERVIEW 391
13.3.2 FINANCIAL REPORTING 392
13.3.3 INFORMATION RELATED TO FORMAL ORGANIZATIONAL
ASPECTS 397
13.3.4 THE INFORMATION ON RISK REPORTING 398
13.4 THE DUTY TO UPDATE IN THE EVENT OF SIGNIFICANT CHANGES TO
PUBLISHED INFORMATION 400
13.5 THE DUTY OF DISCLOSURE FOR DIRECT INSURANCE AND REINSURANCE
UNDERTAKINGS IN THE NATIONAL CONTEXT 401
13.5.1 DISCLOSURE DUTIES UNDER CAPITAL MARKET LAW 401
13.5.2 DISCLOSURE DUTIES UNDER COMMERCIAL LAW 404
13.6 COMPARISON OF THE REPORT ON SOLVENCY AND FINANCIAL CONDITION
UNDER SOLVENCY II AND PUBLICATION REQUIRED UNDER NATIONAL
COMMERCIAL AND CAPITAL MARKET LAW 407
13.6.1 THE EQUAL RANK OF THE DISCLOSURE DUTIES OF SOLVENCY
II AND DISCLOSURE DUTIES UNDER CAPITAL MARKET AND
COMMERCIAL LAW 407
13.6.2 CONTENT OVERLAP BETWEEN THE REPORT ON SOLVENCY AND
FINANCIAL CONDITION UNDER SOLVENCY II AND THE ANNUAL
FINANCIAL STATEMENT AND MANAGEMENT REPORT 408
13.6.3 CONTENT OVERLAP BETWEEN THE REPORT ON SOLVENCY AND
FINANCIAL CONDITION UNDER SOLVENCY II AND
PUBLICATIONS UNDER CAPITAL MARKET LAW 410
13.7 DISCLOSURE DUTIES AT GROUP LEVEL 410
13.7.1 DISCLOSURE DUTIES AT GROUP LEVEL UNDER
SOLVENCY II 410
13.7.2 DISCLOSURE DUTIES AT GROUP LEVEL IN NATIONAL
CONTEXT 412
CONTENTS XXI
13.7.3 CONTENT OVERLAP BETWEEN THE REPORT ON SOLVENCY AND
FINANCIAL CONDITION AT GROUP LEVEL UNDER SOLVENCY II
AND THE ANNUAL FINANCIAL STATEMENT, MANAGEMENT
REPORT, AND FINANCIAL REPORTS UNDER CAPITAL MARKET
LAW 413
13.8 FORM OF DISCLOSURE IN THE REPORT ON SOLVENCY AND FINANCIAL
CONDITION 414
13.9 PROTECTION OF BUSINESS AND TRADE SECRETS IN PUBLIC DISCLOSURE
DUTIES 415
13.10 FURTHER CONCLUSIONS 416
13.10.1 REGULATORY APPROACH IN PUBLIC DISCLOSURE DUTIES . 416
13.10.2 POTENTIAL SYNERGIES IN FULFILLMENT OF PUBLIC DISCLOSURE
DUTIES 418
13.10.3 SELECTION OF PUBLICATION DATE FOR THE REPORT ON
SOLVENCY AND FINANCIAL CONDITION 419
13.10.4 RELIEF AT GROUP LEVEL AND THE PRINCIPLE OF
PROPORTIONALITY 420
13.10.5 LESS FAVORABLE PROTECTION OF CONFIDENTIALITY INTERESTS
FOR DIRECT INSURANCE AND REINSURANCE UNDERTAKINGS
COMPARED TO BASEL II 421
13.11 SUMMARY 423
LIST OF RULES 425
INDEX
473 |
| any_adam_object | 1 |
| author | Dreher, Meinrad 1955- |
| author_GND | (DE-588)124102336 |
| author_facet | Dreher, Meinrad 1955- |
| author_role | aut |
| author_sort | Dreher, Meinrad 1955- |
| author_variant | m d md |
| building | Verbundindex |
| bvnumber | BV042478443 |
| classification_rvk | PN 765 PS 3540 |
| ctrlnum | (OCoLC)900290495 (DE-599)DNB1064591760 |
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| dewey-ones | 346 - Private law 340 - Law |
| dewey-raw | 346.24086 340 |
| dewey-search | 346.24086 340 |
| dewey-sort | 3346.24086 |
| dewey-tens | 340 - Law |
| discipline | Rechtswissenschaft |
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| id | DE-604.BV042478443 |
| illustrated | Not Illustrated |
| indexdate | 2024-09-10T01:40:25Z |
| institution | BVB |
| isbn | 9783662462898 3662462893 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027913472 |
| oclc_num | 900290495 |
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| physical | XXI, 478 Seiten 235 mm x 155 mm |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | Springer-Verlag |
| record_format | marc |
| spelling | Dreher, Meinrad 1955- Verfasser (DE-588)124102336 aut Treatises on Solvency II Meinrad Dreher 201507 Berlin ; Heidelberg Springer-Verlag [2015] © 2015 XXI, 478 Seiten 235 mm x 155 mm txt rdacontent n rdamedia nc rdacarrier Europäische Union Richtlinie betreffend die Aufnahme und Ausübung der Versicherungs- und der Rückversicherungstätigkeit (Solvabilität II) (DE-588)7741378-7 gnd rswk-swf Versicherungsaufsicht (DE-588)4063177-1 gnd rswk-swf Research Framework directive Consumer protection EIOPA European Insurance and Occupational Pensions Authority German Insurance Law EU insurance regulation Solvency II Insurance Insurance supervision Harmonization methods (DE-588)4143413-4 Aufsatzsammlung gnd-content Europäische Union Richtlinie betreffend die Aufnahme und Ausübung der Versicherungs- und der Rückversicherungstätigkeit (Solvabilität II) (DE-588)7741378-7 u Versicherungsaufsicht (DE-588)4063177-1 s DE-604 X:MVB text/html http://deposit.dnb.de/cgi-bin/dokserv?id=5122081&prov=M&dok_var=1&dok_ext=htm Inhaltstext DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027913472&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Dreher, Meinrad 1955- Treatises on Solvency II Europäische Union Richtlinie betreffend die Aufnahme und Ausübung der Versicherungs- und der Rückversicherungstätigkeit (Solvabilität II) (DE-588)7741378-7 gnd Versicherungsaufsicht (DE-588)4063177-1 gnd |
| subject_GND | (DE-588)7741378-7 (DE-588)4063177-1 (DE-588)4143413-4 |
| title | Treatises on Solvency II |
| title_auth | Treatises on Solvency II |
| title_exact_search | Treatises on Solvency II |
| title_full | Treatises on Solvency II Meinrad Dreher |
| title_fullStr | Treatises on Solvency II Meinrad Dreher |
| title_full_unstemmed | Treatises on Solvency II Meinrad Dreher |
| title_short | Treatises on Solvency II |
| title_sort | treatises on solvency ii |
| topic | Europäische Union Richtlinie betreffend die Aufnahme und Ausübung der Versicherungs- und der Rückversicherungstätigkeit (Solvabilität II) (DE-588)7741378-7 gnd Versicherungsaufsicht (DE-588)4063177-1 gnd |
| topic_facet | Europäische Union Richtlinie betreffend die Aufnahme und Ausübung der Versicherungs- und der Rückversicherungstätigkeit (Solvabilität II) Versicherungsaufsicht Aufsatzsammlung |
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