Professional suitability and reliability of persons responsible/working for key functions in accordance with VAG

Topic area:
Status: 07.12.2023 |
Archived
Key words:
Internal governance, Supplement
Initiative
Official name
Rundschreiben 11/2023 (VA) - Fachliche Eignung und Zuverlässigkeit von Personen, die für Schlüsselfunktionen verantwortlich oder für Schlüsselfunktionen tätig sind, gemäß VAG
Type
Circular Letter
Level 3 / Other
Initiator
BaFin
Submitted
24.02.2023
Doc. code
11/2023 (VA)
Summary
Status
Status

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Current version
Final version
01.12.2023
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Associated initiatives
Level 1
Insurance Supervision Act - VAG (binding, Main version, DE)
Level 2
–
Level 3 / Other
Managing directors, administrative and supervisory bodies, key functions (non-binding, DE)

Source: BaFin, 11/2023 (VA), 2023