Regulatory Alerts2023-12-18
Added · Updated
Amendments to the Conduct-Related Data Return for Insurance Undertakings
The MFSA revises the Conduct-Related Data Return for Insurance Undertakings to capture more adequate details of company activities for supervision, adding surveys for financial innovation, complaints, sales data, claims, products, passporting, and sustainable finance. Insurance undertakings must submit the Return covering the full year by 42 days after the year end, with the 2023 Return due by 11 February 2024. The Return is submitted via the LH Portal and must be confirmed by a Director or Compliance Officer, with data compiled on a best effort basis while systems are upgraded for future reporting.
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