Regulatory Alerts2025-11-18
Act on Insurance Mediation
The Danish Ministry of Industry, Business and Financial Affairs, in conjunction with the Danish Financial Supervisory Authority, issues this regulation to implement the EU Insurance Distribution Directive into Danish law. The Act mandates that insurance and reinsurance intermediaries obtain authorization from the Financial Supervisory Authority, while accessory intermediaries must register, ensuring all entities meet strict competence, integrity, and financial guarantee standards. It establishes comprehensive rules for consumer protection, including requirements for professional conduct, transparency in remuneration, and the secure handling of personal data.
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