Circular NBB_2021_03 regarding the repeal and removal from the Bank's website of various circulars and notices

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Berlaarmonde 14 - BE-1000 Brussels tel. +32 2 221 27 31 fax + 32 2 221 31 36 enterprise number: 0203.201.340 RPR Brussels www.nbb.be Circular Brussels, 20 January 2021 Reference: NBB_2021_03 your correspondent:
Bertrand Leton tel. +32 2 221 23 65 fax +32 2 221 31 36 bertrand.leton@nbb.be Circular concerning the repeal and the removal, from the Bank's website, of various circulars and notices Scope This circular concerns:
a) insurance and reinsurance undertakings under Belgian law that must apply for a license as referred to in Article 18, first paragraph, 1° of the Law of 13 March 2016 on the status of and supervision of insurance or reinsurance undertakings, including:

• the undertakings referred to in Article 276 of the aforementioned Law of 13 March 2016,
• mutual insurance companies as defined in Article 15, 79° of the aforementioned Law of 13 March 2016, with the understanding that, for these, Article 15, 84° of the aforementioned Law of 13 March 2016 applies.
  b) Belgian branches of insurance and reinsurance undertakings subject to the law of a country that is not a member of the European Economic Area. Summary/Objective This circular serves to inform insurance and reinsurance undertakings that various circulars and notices are being repealed and/or removed from the Bank's website. Legal Basis Law of 13 March 2016 on the status of and supervision of insurance or reinsurance undertakings. Structure
  I. Objectives
  II. Obsolete notices and circulars
  III. Non-prudential notices and circulars

Circular Page 2/3 NBB_2021_03 20.01.2021
Dear Madam
Dear Sir
I. Objectives
This circular informs insurance and reinsurance undertakings that various circulars and notices are being repealed and/or removed from the Bank's website, either because these circulars and notices are no longer in accordance with the current requirements of the Law of 13 March 2016 on the status of and supervision of insurance or reinsurance undertakings or its implementing measures, or because their purpose is not of a prudential nature and does not fall under the Bank's competences.
II. Obsolete circulars and notices
The following circulars and notices are obsolete and are therefore repealed as of the publication of this circular.
This repeal naturally does not change the applicable legal and regulatory framework and does not exempt undertakings from complying with the legal and regulatory provisions referred to in the circulars and notices. The attention of the undertakings is also drawn to the fact that certain provisions of the repealed circulars and notices have been incorporated into later circulars.

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III. Non-prudential circulars and notices
The following circulars and notices are not of a prudential nature and do not fall under the Bank's competences. For this reason, they are removed from the Bank's website. The attention of insurance and reinsurance undertakings is drawn to the fact that this removal in no case means that these circulars and notices are repealed. It is the competence of the Financial Services and Markets Authority to decide whether and when these circulars and notices should be repealed. A copy of this circular is addressed to the commissioner(s), recognized auditor(s) of your institution. Yours faithfully Pierre WUNSCH Governor