Regulatory Alerts2021-05-05
Instructions for Insurance Intermediaries and Supplementary Intermediaries Operating in Another Member State under the Freedom to Provide Services (FOS) – Form Completion Guidelines
The Croatian Financial Services Supervisory Agency (Hanfa) issues these instructions to require insurance intermediaries and supplementary intermediaries to submit a written notification via a standardized English form when initially distributing insurance or reinsurance services in another EU member state under the freedom to provide services. The document mandates a one-time 1,000 HRK fee for initial notifications while waiving fees for subsequent data modifications, and specifies precise form completion rules covering registration details, authorized insurance types, and contact information. Intermediaries must also notify Hanfa in writing at least one month prior to implementing any data changes, ensuring the host member state's supervisory authority receives timely updates.