Regulatory Alerts2024-12-06
Order on Good Conduct for Insurance Distributors
The Danish Ministry of Industry, Business and Financial Affairs and the Danish Financial Supervisory Authority issued this Order to implement the Insurance Distribution Directive, establishing detailed rules for the conduct of insurance distributors. The regulation defines the scope of application, key terminology, and strict requirements for information provision, ensuring transparency in marketing and sales practices. It mandates adherence to professional standards, prohibits misleading or aggressive commercial practices, and outlines specific disclosure obligations to protect consumer economic interests.
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