Regulatory Alerts2018-11-29 | Circular 11/2018 (VA) – Insurance DistributionCircular 11/2018 (VA) – Insurance Distribution
The German financial regulator issued Circular 11/2018 (VA) to establish binding requirements for insurance distribution operations. The directive mandates standardized cooperation frameworks between insurers and intermediaries while implementing comprehensive risk management protocols across sales channels. Although provided in English for reference, the original German text remains legally binding and supersedes prior guidance effective 17 July 2018.
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