{
  "url": "https://openlegislation.uk/eu-directive-2016-2341",
  "json_url": "https://openlegislation.uk/eu-directive-2016-2341.json",
  "id": "eudr/2016/2341",
  "title": "Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast) (Text with EEA relevance)",
  "short_title": "Directive (EU) 2016/2341 on the activities and supervision of institutions for occupational retirement…",
  "long_title": "Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast) (Text with EEA relevance)",
  "citation": "EU Directive 2016/2341",
  "type": "eudr",
  "year": "2016",
  "number": "2341",
  "version": "current",
  "date": "2016-12-14",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "title/I",
      "kind": "title",
      "number": "I",
      "heading": "GENERAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Subject matter",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-1",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Scope",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-2",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Application to IORPs operating social security schemes",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-3",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Optional application to institutions covered by Directive 2009/138/EC",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-4",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Small IORPs and statutory schemes",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-5",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/6",
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    {
      "path": "article/7",
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      "heading": "Activities of an IORP",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-7",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Legal separation between sponsoring undertakings and IORPs",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-8",
      "extent": "E+W+S+N.I.",
      "status": null,
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    },
    {
      "path": "article/9",
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      "heading": "Registration or authorisation",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-9",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/I"
    },
    {
      "path": "article/10",
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      "heading": "Operating requirements",
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      "status": null,
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    },
    {
      "path": "article/11",
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      "heading": "Cross-border activities and procedures",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-11",
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      "status": null,
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    {
      "path": "article/12",
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      "heading": "Cross-border transfers",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-12",
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      "status": null,
      "parent": "title/I"
    },
    {
      "path": "title/II",
      "kind": "title",
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      "heading": "QUANTITATIVE REQUIREMENTS",
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      "status": null,
      "parent": null
    },
    {
      "path": "article/13",
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      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-13",
      "extent": "E+W+S+N.I.",
      "status": null,
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    },
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      "path": "article/14",
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      "heading": "Funding of technical provisions",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-14",
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      "path": "article/15",
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      "heading": "Regulatory own funds",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-15",
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    {
      "path": "article/16",
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      "heading": "Available solvency margin",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-16",
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      "status": null,
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    },
    {
      "path": "article/17",
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      "heading": "Required solvency margin",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-17",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/II"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Required solvency margin for the purpose of Article 17(3)",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-18",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/II"
    },
    {
      "path": "article/19",
      "kind": "article",
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      "heading": "Investment rules",
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      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/II"
    },
    {
      "path": "title/III",
      "kind": "title",
      "number": "III",
      "heading": "CONDITIONS GOVERNING ACTIVITIES",
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      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "title/III/chapter/1",
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      "heading": "System of governance",
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      "status": null,
      "parent": "title/III"
    },
    {
      "path": "title/III/chapter/1/section/1",
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      "heading": "General provisions",
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      "status": null,
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      "path": "article/20",
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      "number": "20",
      "heading": "Responsibility of the management or supervisory body",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-20",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/1"
    },
    {
      "path": "article/21",
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      "heading": "General governance requirements",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-21",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/1"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Requirements for fit and proper management",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-22",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/1"
    },
    {
      "path": "article/23",
      "kind": "article",
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      "heading": "Remuneration policy",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-23",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/1"
    },
    {
      "path": "title/III/chapter/1/section/2",
      "kind": "section",
      "number": "2",
      "heading": "Key functions",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1"
    },
    {
      "path": "article/24",
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      "number": "24",
      "heading": "General provisions",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-24",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/2"
    },
    {
      "path": "article/25",
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      "heading": "Risk-management",
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      "extent": "E+W+S+N.I.",
      "status": null,
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    },
    {
      "path": "article/26",
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      "heading": "Internal audit function",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-26",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/2"
    },
    {
      "path": "article/27",
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      "heading": "Actuarial function",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-27",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/2"
    },
    {
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      "heading": "Documents concerning governance",
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      "status": null,
      "parent": "title/III/chapter/1"
    },
    {
      "path": "article/28",
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      "heading": "Own-risk assessment",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-28",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/III/chapter/1/section/3"
    },
    {
      "path": "article/29",
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      "heading": "Annual accounts and annual reports",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-29",
      "extent": "E+W+S+N.I.",
      "status": null,
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      "path": "article/30",
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      "heading": "Statement of investment policy principles",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-30",
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      "status": null,
      "parent": "title/III/chapter/1/section/3"
    },
    {
      "path": "title/III/chapter/2",
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      "heading": "Outsourcing and investment management",
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      "status": null,
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      "path": "article/31",
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      "heading": "Outsourcing",
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      "status": null,
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    },
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      "path": "article/32",
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      "heading": "Investment management",
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      "status": null,
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      "path": "title/III/chapter/3",
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      "heading": "Appointment of a depositary",
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      "status": null,
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      "path": "article/34",
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      "heading": "Safekeeping of assets and depositary liability",
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      "extent": "E+W+S+N.I.",
      "status": null,
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      "heading": "Oversight duties",
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    {
      "path": "title/IV",
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      "heading": "INFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES",
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      "path": "article/36",
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      "heading": "Principles",
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      "parent": "title/IV/chapter/1"
    },
    {
      "path": "article/37",
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      "heading": "General information on the pension scheme",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-37",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/IV/chapter/1"
    },
    {
      "path": "title/IV/chapter/2",
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      "heading": "Pension Benefit Statement and supplementary information",
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      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/IV"
    },
    {
      "path": "article/38",
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      "number": "38",
      "heading": "General provisions",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-38",
      "extent": "E+W+S+N.I.",
      "status": null,
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      "path": "article/39",
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      "heading": "Pension Benefit Statement",
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      "status": null,
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      "heading": "Supplementary information",
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    },
    {
      "path": "title/IV/chapter/3",
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      "heading": "Other information and documents to be provided",
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      "path": "article/41",
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      "heading": "Information to be given to prospective members",
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    },
    {
      "path": "article/42",
      "kind": "article",
      "number": "42",
      "heading": "Information to be given to members during the pre-retirement phase",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-42",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/IV/chapter/3"
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    {
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      "heading": "Information to be given to beneficiaries during the pay-out phase",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-43",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "title/IV/chapter/3"
    },
    {
      "path": "article/44",
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      "heading": "Additional information to be given on request to members and beneficiaries",
      "url": "https://openlegislation.uk/eu-directive-2016-2341/article-44",
      "extent": "E+W+S+N.I.",
      "status": null,
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    },
    {
      "path": "title/V",
      "kind": "title",
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      "heading": "PRUDENTIAL SUPERVISION",
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      "heading": "Main objective of prudential supervision",
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      "path": "article/46",
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      "parent": "title/V/chapter/1"
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      "path": "article/47",
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      "status": null,
      "parent": "title/V/chapter/1"
    },
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      "path": "article/48",
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      "heading": "Powers of intervention and duties of the competent authorities",
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      "extent": "E+W+S+N.I.",
      "status": null,
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    },
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    },
    {
      "path": "title/V/chapter/2",
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      "heading": "Professional secrecy and exchange of information",
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