Any questions or comments, or interested in a discussion on any of these topics, just get in touch!

Topics

1. Regulatory Change & Compliance
2. Sustainability
3. Risk Culture & Governance
4. Financial Crime
5. Data

Regulatory Change & Compliance

Focus areas : Brexit - Consumer protection – PRIIPs – Regulatory Outlook

• Advies van 5 oktober 2023 van de Commissie voor Verzekering over het voorontwerp van Wet aangaande de vergoedingen in kader van natuurramp / Avis du 5 octobre 2023 de la Commission des Assurances sur l’avant-projet de loi relatif à l’indemnisation des catastrophes naturelles
  
• Wet van 9 oktober 2023 tot vereenvoudiging van de opzeggingsregels voor verzekeringsovereenkomsten / Loi du 9 octobre 2023 simplifiant les règles de résiliation des contrats d'assurance
  
• Advies van 19 oktober 2023 van de Commissie voor Verzekeringen over het ontwerp van koninklijk besluit tot wijziging van de medische index/ Avis du 19 octobre 2023 de la Commission des Assurances sur le projet d’arrêté royal modifiant l’indice médical
  
• Blog of Assuralia: cancellation of insurance contracts: "simplified" rules FR or NL
• The FSMA provides information on supplementary pensions enhanced with FAQs for the self-employed FR or NL

Sustainability

Risk Culture & Governance

Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II

• FSB published its 2023 Annual Report: promoting Global Financial Stability
• 2024 Work Program of the Joint Committee of the European Supervisory Authorities
• The FSMA published its study on costs associated with structured debt instruments FR or NL
• ESMA has updated its guidelines on MiFID II product governance requirements
  

Financial Crime

Focus areas: AML/CFT - Financial Crime – Fraud

• The NBB has published its new sectoral assessment of the risks of money laundering and terrorist financing in Belgian financial institutions subject to its supervision FR or NL

Data

Focus areas: Cyber – Data Privacy – Technology / Data / Innovation – Information and Communication Technology – Open insurance

• The Belgian Data Protection Authority published a checklist for the correct use of cookies FR or NL

The Ensur Insurance Regulatory Watch is not intended to serve as legal advice and is provided for informational purposes only. It is not intended to form the basis of any decisions and you should not rely on its content for any purposes whatsoever.