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Amendment To The "regulations On The Financial Conglomerate's Capital Adequacy Calculation Procedure And On The Provision Of Information On Significant Risk Concentration And Significant Intra-Group Transactions"

Original Language Title: Grozījumi "Noteikumos par finanšu konglomerāta kapitāla pietiekamības aprēķināšanas kārtību un par informācijas sniegšanu par nozīmīgiem riska koncentrācijas gadījumiem un nozīmīgiem grupas iekšējiem darījumiem"

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Financial and capital market Commission, the provisions of regulations No 84 in Riga on July 6, 2009 (pr. 25. p. 2)
The amendments to the "provisions on the financial conglomerate's capital adequacy calculation procedure and on the provision of information on significant risk concentration and significant intra-group transactions" Issued pursuant to the financial conglomerate is article 13 of the law, the first paragraph of article 15 of the fourth and the third subparagraph of article 16(1) to make financial and capital market Commission, 21.04.2006. Regulation No 84 "rules on the financial conglomerate's capital adequacy calculation procedure and on the provision of information on significant risk concentration and significant intra-group transactions" (hereinafter-the rules) the following amendments : 1. Express point 9.1 the following: 9.1 ". In the Republic of Latvia and the Member States registered regulated banking sector and the investment services sector the company calculate the equity capital and capital requirements in accordance with Commission Regulation No 60 02.05.2007." calculation of minimum capital requirements rules "be followed, if necessary, increasing the capital requirements of credit institutions in accordance with the law, the transitional provisions in paragraph 18 and 19 required level;".
2. Make the following paragraph 9.5: "9.5. regulated and unregulated sector of the insurance company's solvency margin calculation and own funds in accordance with the provisions of Commission regulations on 22.05.2009. Nr. 64" the legislative provisions concerning the supplementary supervision of insurance undertakings under reinsurance companies adjusted solvency margin and adjusted the calculation of own funds and for providing information on the supplementary supervision of insurance undertakings under reinsurance community groups or transactions between "requirements relating to the solvency margin of the company and the determination of means for the inclusion of adjusted solvency margin and adjusted the calculation of own resources; ".
3. To make the first sentence of paragraph 11 the following: "responsible company" submitted to the financial conglomerate's capital adequacy report "(hereinafter the report) (annex 2)."
4. Make the following paragraph 13: "13. report prepared for State review on December 31 of the reporting year and the following year 30 April shall be submitted to the Commission in accordance with the provisions of Commission regulations 14.10.2008 No 146 ' prepared statements electronically filing regulations rules". "
5. Put the following in paragraph 14: "14. If the Commission finds that the present report has been prepared incorrectly, it is announced in the report preparer. If the Commission has not indicated otherwise, corrected report shall be submitted not later than the working day following notification of the existence of the error from the Commission. "
6. To express 17 as follows: "17. Responsible company report on significant risk concentration cases prepared with Commission Regulation No 62 02.05.2007." exposure limit "the enforcement provisions of the statements, and report on significant intra-group transactions made using the provisions of Commission regulations No 22.05.2009.. 64" the legislative provisions concerning the supplementary supervision of insurance undertakings under reinsurance companies adjusted solvency margin and adjusted the calculation of own funds and for providing information on the supplementary supervision of insurance undertakings under reinsurance or community groups for mutual transactions, "the report."
7. Turn off rules in annex 2 of the letters and the number "UPDK 0651275".
Financial and capital market Commission of Krūman I.