7.

The competent authority of the home Member State of the receiving IORP shall only assess whether: all the information referred to in paragraph 5 has been provided by the receiving IORP; the administrative structure, the financial situation of the receiving IORP and the good repute or professional qualifications or experience of the persons running the receiving IORP are compatible with the proposed transfer; the long term interests of the members and beneficiaries of the receiving IORP and the transferred part of the scheme are adequately protected during and after the transfer; the technical provisions of the receiving IORP are fully funded at the date of the transfer, where the transfer results in a cross-border activity; and the assets to be transferred are sufficient and appropriate to cover the liabilities, technical provisions and other obligations and rights to be transferred, in accordance with applicable rules in the home Member State of the receiving IORP.

← art_12__para_6__text_1 · All articles · art_12__para_7__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.