EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM
EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM
EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM
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CHAPTER II<br />
2002/92/EC (adapted)<br />
new<br />
REGISTRATION REQUIREMENTS<br />
Article 3<br />
Registration<br />
1. Except as provided in Article 4, Iinsurance and reinsurance intermediaries shall<br />
be registered with a competent authority as defined in Article 7(2), in their home<br />
Member State. Insurance undertakings registered in Member States under<br />
Directive 73/239/EEC, Directive 2002/83/EC and Directive 2005/68/EC and their<br />
employees shall not be required to register again under this Directive. <br />
Without prejudice to the first subparagraph, Member States may stipulate that<br />
insurance and reinsurance undertakings and other bodies may collaborate<br />
cooperate with the competent authorities in registering insurance and<br />
reinsurance intermediaries and in the application of the requirements of Article 4 8 to<br />
such intermediaries. In particular, in the case of tied insurance intermediaries, they<br />
may be registered by an insurance undertaking or, by an association of insurance<br />
undertakings , or by an insurance or reinsurance intermediary under the<br />
supervision of a competent authority.<br />
new<br />
Member States may stipulate that, where an insurance or reinsurance intermediary<br />
acts under the responsibility of an insurance or reinsurance undertaking or of another<br />
registered insurance or reinsurance intermediary, the latter intermediary or the<br />
undertaking shall be responsible for ensuring that it meets the conditions for<br />
registration set out in this Directive. In such a case, the person or entity accepting<br />
responsibility shall, having been informed by the Member States of the matters set<br />
out in paragraph 7 of this Article, sub-paragraphs (a) and (b), be satisfied as to the<br />
matter set out in paragraph 7 of this Article, sub-paragraph (c). Member States may<br />
also stipulate that the person or entity which takes responsibility for the intermediary<br />
shall register that intermediary.<br />
2002/92/EC<br />
new<br />
Member States need not apply the requirement referred to in the first and second<br />
subparagraphs to all the natural persons who work in an insurance or<br />
reinsurance undertaking or a registered insurance or reinsurance<br />
EN 34 EN