Regulatory Alerts2019-08-23
General Good Requirements in Germany
BaFin, Germany’s Federal Financial Supervisory Authority, outlines the statutory provisions that EU and EEA-domiciled insurance companies must comply with when operating through branches or providing cross-border services. The guidance systematically categorizes applicable public law, civil law, and sector-specific regulations covering life, health, motor liability, and unit-linked insurance, alongside mandatory compliance with data protection, competition, and commercial codes. While English translations are provided for reference, the German versions of these laws remain legally binding and must be observed in their current amended forms.
Share