Rule · NBB · 13 Dec 2021

Royal Decree implementing Article 677 of the Act of 13 March 2016 on the status and supervision of insurance or reinsurance undertakings

This Royal Decree exempts mutual insurance companies from the obligations set forth in Article 83/1, first paragraph, of the Act of 13 March 2016, provided that such exemption does not compromise the adequacy of their governance system, specifically regarding the supervision structures of effective management and its collegiality. The Office for the Control of Mutual Funds and National Unions of Mutual Funds is tasked with monitoring compliance with this condition. The decree enters into force on 19 July 2021.

BelgiumNational Bank of Belgium

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Act of 13 March 2016 on the statusof and supervision over insurance…Not in RegAlertAct of 13 March 2016 on the status of and supervision over insurance or reinsurance undertakings — Not in RegAlertRoyal Decree implementingArticle 677 of the Act of 13 …2021-12-13 · this documentRoyal Decree implementing Article 677 of the Act of 13 March 2016 on the status and supervision of insurance or reinsurance undertakings (2021-12-13)
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  • Act of 13 March 2016 on the status of and supervision over insurance or reinsurance undertakingsNot in RegAlert

    “Royal Decree implementing Article 677 of the Act of 13 March 2016 on the status of and supervision over insurance or reinsurance undertakings”

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