Regulatory Alerts2020-04-21
Regulations amending Finansinspektionen’s regulations regarding insurance business fees for surrender and transfer
Finansinspektionen issued regulations amending its insurance business guidelines to insert a new chapter governing fees for policy surrenders and transfers. The rules permit insurance undertakings to include specific direct administrative costs, such as staff, print-outs, and data expenses, when calculating charges for processing these requests. These regulations entered into force on 1 March 2020.
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