# Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance), Article 128: General provisions

Extent: E+W+S+N.I.

Member States shall require that insurance and reinsurance undertakings hold eligible basic own funds, to cover the Minimum Capital Requirement.

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Source: https://www.legislation.gov.uk/eudr/2009/138/article/128 (the official version)
Page: https://openlegislation.uk/eu-directive-2009-138/article-128
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.