Regulatory Alerts2017-06-06
Regulation of the Financial Market Authority on Reporting by Insurance and Reinsurance Undertakings
The Austrian Financial Market Authority issued this regulation to mandate annual and quarterly reporting obligations for insurance and reinsurance undertakings. It requires the submission of detailed financial data, including balance sheets, technical provisions, and asset specifications, along with specific deadlines for each reporting period. Reports must be submitted via the Austrian Insurance Association, with the regulation entering into force on January 1, 2016.
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