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Erscheinung:06.06.2024 | Topic Governance Circular 9/2023 (VA) – Professional qualifications (fit) and good repute (proper) of members of management in accordance with the VAG

This circular provides explanations of the professional and personal requirements made of individuals who are to be appointed to the senior management of an undertaking and of the associated notifica-tion requirements based on the German Act on the Supervision of Insurance Undertakings (Insurance Supervision Act (Versicherungsaufsichtsgesetz) – VAG).