lexiara

‘(c)

within the part of their report on their solvency and financial condition consisting of information targeted at market professionals referred to in Article 51(1b), publicly disclose all of the following: the fact that they apply the transitional deduction to the technical provisions; the quantification of the impact of not applying that transitional deduction on their financial position; where the undertaking would comply with the Solvency Capital Requirement without application of that transitional deduction, the reasons for its application; an assessment of the dependency of the undertaking on that transitional deduction and, where applicable, a description of the measures taken or planned by the undertaking to reduce or remove the dependency.’

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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.