# 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), Article 8: Legal separation between sponsoring undertakings and IORPs

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

Member States shall ensure that there is a legal separation between a sponsoring undertaking and an IORP registered or authorised in their territories in order that the assets of the IORP are safeguarded in the interests of members and beneficiaries in the event of bankruptcy of the sponsoring undertaking.

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Source: https://www.legislation.gov.uk/eudr/2016/2341/article/8 (the official version)
Page: https://openlegislation.uk/eu-directive-2016-2341/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.