Regulatory Alerts2020-08-27
Regulations amending Finansinspektionen’s regulations regarding insurance distribution
Finansinspektionen amended its insurance distribution regulations to update professional liability insurance requirements and client information obligations. The revision establishes specific minimum coverage amounts for liability insurance based on the number of employees, while repealing previous provisions in Chapter 7. Additionally, legal persons acting as intermediaries must now inform clients about how to verify employee authorization and any limitations on their right to distribute insurance.
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