Regulatory Alerts2018-01-11
Regulations amending Finansinspektionen’s regulations and general guidelines regarding insurance mediation
Finansinspektionen amended its regulations on insurance mediation to align with MiFID II requirements and clarify knowledge standards for intermediaries. The rules mandate specific expertise in financial markets, law, and insurance products for staff mediating fund units or providing investment advice, while maintaining separate provisions for consumer and non-consumer clients. Additionally, the amendments establish rigorous testing, practical experience, and management competency requirements to ensure professional proficiency in insurance and investment services.
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