art_30__para_4

Directive (EU) 2025/1 of the European Parliament and of the Council of 27 November 2024 establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 and Regulations (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 and (EU) 2017/1129 (Text with EEA relevance) · European Union

4. Member States shall ensure that the operation of an asset and liability management vehicle complies with the following requirements: the resolution authority concerned has approved the asset and liability management vehicle’s constitutional documents; subject to the asset and liability management vehicle’s ownership structure, the resolution authority concerned either appoints or approves the vehicle’s administrative, management or supervisory body; the resolution authority concerned approves the remuneration of the members of the administrative, management or supervisory body and specifies their responsibilities; the resolution authority concerned approves the strategy and risk profile of the asset and liability management vehicle.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.