Reversion to the Standard Formula | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Solvency Capital Requirement - Internal Models

Chapter

Reversion to the Standard Formula

Printed on: 21/06/2025

Rulebook at: 16/08/2024


8

Reversion to the Standard Formula

8.1

A firm with an internal model approval must not, in respect of the internal model for which that internal model approval has been granted, revert to calculating the whole or any part of the SCR in accordance with the standard formula.

[Note: Art. 117 of the Solvency II Directive]

  • 01/01/2016