+Article 211 2.

Article 211 2.

The Commission shall adopt delegated acts in accordance with Article 301a specifying the following criteria for supervisory approval:

(a) 

the scope of authorisation;

(b) 

mandatory conditions to be included in all contracts issued;

(c) 

fit and proper requirements, as referred to in Article 42, of the persons running the special purpose vehicle;

(d) 

fit and proper requirements for shareholders or members having a qualifying holding in the special purpose vehicle;

(e) 

sound administrative and accounting procedures, adequate internal control mechanisms and risk-management requirements;

(f) 

accounting, prudential and statistical information requirements;

(g) 

solvency requirements.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards