# 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 174: Principle and conditions for conducting reinsurance activity

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

A Member State shall not apply to third-country reinsurance undertakings taking-up or pursuing reinsurance activity in its territory provisions which result in a more favourable treatment than that granted to reinsurance undertakings which have their head office in that Member State.

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Source: https://www.legislation.gov.uk/eudr/2009/138/article/174 (the official version)
Page: https://openlegislation.uk/eu-directive-2009-138/article-174
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.