Part I Defined Terms

SCHEDULE 3 EEA Passport Rights

Sections 31(1)(b) and 37

Part I Defined Terms

The single market directives

1

“The single market directives†means—

[(a)     [capital requirements directive];]

°Ú(³¦)ÌýÌýÌýÌý the Solvency 2 Directive;]

[(ca)     .Ìý.Ìý.]

(d)     the [markets in financial instruments directive][; .Ìý.Ìý.

(e)]     [the insurance distribution directive][; .Ìý.Ìý.

(f)     the UCITS directive][; .Ìý.Ìý.

(g)     the alternative investment fund managers directive][; and

(h)     the mortgages directive].

.Ìý.Ìý.

[2

.Ìý.Ìý.]

[The Solvency 2 Directive

3

“The Solvency 2 Directive†means 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).]

[.Ìý.Ìý.

3A

.Ìý.Ìý.]

.Ìý.Ìý.

4

.Ìý.Ìý.

[The insurance distribution directive

4A

“The insurance distribution directive†means Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution (recast) as amended by Directive (EU) 2018/411 of the European Parliament and of the Council of 14 March 2018.]

[The UCITS directive]

[4B

“The UCITS directive†means the Directive of the European Parliament and of the Council of 13 July 2009 on the coordination of laws,

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