On 15 September 2021, LUX CAA reminded firms of shareholding change rules.
- LUX CAA reminded brokerage firms of requirements to notify of shareholder changes.
Overview
- LUX CAA noted that many insurance and reinsurance brokerage companies have not notified changes of shareholders during their reporting for the 2020 financial year.
- The circular outlines the terms of article 296 of amended law of 7 December 2015 on the insurance sector (LSA) relating to notifying LUX CAA of changes to shareholders.
