Solvency II Art.40: Art. 40 Board holds ultimate responsibility for compliance

The administrative, management or supervisory body (AMSB) of the undertaking carries the ultimate responsibility for the undertaking's compliance with the laws, regulations and administrative provisions adopted under the Directive; it cannot be delegated to management, key functions or service providers.

Maintained by Gerard BlokdykVerified against the published standard 31 May 2026Control text last updated 21 May 2026

Other controls in Pillar 2: system of governance – Solvency II

Art.41 Art. 41(1), (2); DR Art. 258 Maintain an effective, proportionate system of governance
Art.41(3) Art. 41(3); DR Art. 258(2) Keep board-approved written policies, reviewed at least annually
Art.41(4) Art. 41(4); DR Art. 258(3) Ensure continuity and regularity, with ICT managed under DORA
Art.42 Art. 42; DR Art. 273 Keep those who run the undertaking or hold key functions fit and proper, and notify changes
Art.44 Art. 44(1) to (3); DR Arts 259, 260 Run an integrated risk-management system across all prescribed areas
Art.44(2a) Art. 44(2), (2a) Assess ALM sensitivities and keep a liquidity plan where long-term guarantee adjustments are used
Art.44(4) Art. 44(4), (4a); DR Arts 268, 269 Establish an independent risk-management function
Art.46 Art. 46; DR Arts 266, 270 Maintain an internal control system and a compliance function

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The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpoint All Solvency II controls