art_5__para_6

6. Member States shall require that pre-emptive recovery plans contain all of the following: a summary of the key elements of the plan, including material changes to the most recently submitted plan; a description of the undertaking or the group, including a summary of any material changes since the most recently submitted plan; a framework of indicators as referred to in paragraph 8; a description of how the pre-emptive recovery plan has been drawn-up, how it will be updated and how it will be applied; a range of remedial actions; a communication strategy. where the undertaking has breached the Solvency Capital Requirement laid down in Title I, Chapter VI, Section 4, of Directive 2009/138/EC and submitted a recovery plan in accordance with Article 138(2) of Directive 2009/138/EC at some point in the last 10 years, that recovery plan as well as an assessment of the measures taken to restore the undertaking’s compliance with the Solvency Capital Requirement.

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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.