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Amendment Of Regulation Used To Set A Maximum Rate For The Calculation Of The Technical Provisions In Life Insurance

Original Language Title: Änderung der Verordnung, mit der ein Höchstzinssatz für die Berechnung der versicherungstechnischen Rückstellungen in der Lebensversicherung festgesetzt wird

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357. Regulation of the Financial Markets Authority (FMA) amending the Regulation fixing a maximum rate of interest for the calculation of the technical provisions in life assurance

Pursuant to § 85 (1) and 2 (2) of the Insurance Supervisory Act-VAG, BGBl. No 569/1978, as last amended by the Federal Law BGBl. I No 58/2010, shall be ordered:

The Regulation of the Federal Minister of Finance, which sets a maximum interest rate for the calculation of the technical provisions in life insurance, BGBl. N ° 70/1995, as last amended by the BGBl Regulation. II No 227/2005, shall be amended as follows:

1. The title of the Regulation is: