Application of Solvency II Regulations to UK ISPVs with Part 4A Permission | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Insurance Special Purpose Vehicles

Chapter

Application of Solvency II Regulations to UK ISPVs with Part 4A Permission

Printed on: 30/06/2025

Rulebook at: 08/12/2017


3

Application of Solvency II Regulations to UK ISPVs with Part 4A Permission

3.1

[Deleted.]

  • 08/12/2017

3.1A

A UK ISPV that is a non-Solvency 2 transformer vehicle must apply any relevant provision of the Solvency II Regulations as at 1 January 2016 in order to achieve the same effect as that provision of the Solvency II Regulations would have (that is, conforming with the requirements of the relevant provision) when applied to a Solvency II special purpose vehicle.

  • 08/12/2017