Regulatory Alerts2020-10-05
Regulations amending Finansinspektionen’s regulations regarding insurance business (FFFS 2020:7)
Finansinspektionen issued regulations amending its existing insurance business rules to align with the Institutions for Occupational Retirement Provision Ordinance. The amendments repeal current Chapter 1, section 3, renumber section 4 to section 3, and update the scope of application to include insurance associations and group-level requirements. Additionally, the rules mandate that insurance undertakings submit specific written information from Appendices 2a and 2b when applying for authorization or providing notifications under the Insurance Business Act.
Share