General Good Provisions

General good provisions are national rules of the Member States which introduce additional requirements addressing specificities of the respective markets and have to be observed by market participants providing cross-border services into that market.

For that reason, the compilation of examples of key General Good provisions published herein is intended to promote transparency for cross-border activity in accordance to Article 9 of EIOPA Regulation.

It lists some of the requirements to be observed by insurance undertakings and/or intermediaries that intend to carry on business in EU/EEA Member State(s). 

In line with Article 11(3) of the Insurance Distribution Directive (IDD), this page categorises national ‘general good’ provisions into different relevant areas of law and includes the hyperlinks to the websites of the competent authorities where information on 'general good' rules is published.

Country Actor Language
Austria (for occupational pension schemes) Financial Market Authority (FMA) EN
Austria (for intermediaries) Federal Ministry for Digital and Economic Affairs​ EN
Austria (for undertakings) Financial Market Authority (FMA) EN
Belgium (for intermediaries) Financial Services and Markets Authority (FSMA) EN
Belgium (for undertakings) National Bank of Belgium (NBB) EN
Bulgaria (for undertakings and intermediaries) Financial Supervision Commission (FSC) EN
Croatia (for undertakings and intermediaries) Croatian Financial Services Supervisory Agency (HANFA) EN
Cyprus (for undertakings and intermediaries) Ministry of Finance, Insurance Companies Control Service (ICCS) EN
Czechia (for undertakings and intermediaries) Czech National Bank (CNB) EN
Denmark (for undertakings and intermediaries) Finanstilsynet (Danish FSA) EN
Estonia (for intermediaries) Finantsinspektsioon Financial Supervision Authority (EFSA) EN
Estonia (for undertakings) ​Finantsinspektsioon Financial Supervision Authority (EFSA) EN
Finland (for intermediaries) Finanssivalvonta Financial Supervisory Authority (FIN-FSA) EN
Finland (for undertakings) Finanssivalvonta Financial Supervisory Authority (FIN-FSA) EN
France (for intermediaries) Autorité de contrôle prudentiel et de resolution  EN
​France (for intermediaries) Autorité de contrôle prudentiel et de resolution FR
Germany (for undertakings and intermediaries) Federal Financial Supervisory Authority (BaFin) DE
Greece (for intermediaries) Bank of Greece GR
Hungary (for undertakings and intermediaries) Magyar Nemzeti Bank (MNB) EN
Iceland (for undertakings and intermediaries) Financial Supervisory Authority (FME) EN
Ireland Health Insurance Authority (HIA) EN
Ireland (for undertakings and intermediaries) Central Bank of Ireland EN
Italy (for undertakings and intermediaries) Istituto per la Vigilanza sulle Assicurazioni (IVASS) EN
Latvia (for undertakings and intermediaries) Financial and Capital Market Commission (FCMC) EN
Liechtenstein (for intermediaries) Financial Market Authority (FMA) DE
Liechtenstein (for intermediaries) Financial Market Authority (FMA) EN
Liechtenstein (for undertakings) Financial Market Authority (FMA) EN
Lithuania (for undertakings) Bank of Lithuania EN
Lithuania (for intermediaries) Bank of Lithuania EN
Luxembourg (for undertakings and intermediaries) Commissariat aux Assurances FR
Malta (for undertakings & intermediaries) Financial Services Authority (MFSA) EN
Netherlands (for undertakings) De Nederlandsche Bank (DNB) EN
Netherlands (for undertakings and intermediaries) Dutch Authority for the Financial Markets (AFM)  EN/NL
Norway (for intermediaries) Finanstilsynet Financial Supervisory Authority (FSA) EN
Norway (for pension funds) Finanstilsynet Financial Supervisory Authority (FSA) EN
Norway (for insurance companies) Finanstilsynet Financial Supervisory Authority (FSA) EN
​Poland (for undertakings and intermediaries) Financial Supervision Authority (KNF) PL
​Poland (for undertakings and intermediaries) Financial Supervision Authority (KNF) EN
Portugal (for intermediaries) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) PT
Portugal (for intermediaries) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) EN
Portugal (for undertakings) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) PT
Portugal (for undertakings) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF)
Freedom to Provide Services
PT
Portugal (for undertakings) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) EN
Portugal (for undertakings) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF)
Freedom to Provide Services
EN
Portugal (for undertakings) Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF)
Freedom of Establishment 
EN
Romania Financial Supervision Authority (ASF) EN
Slovakia (for undertakings and intermediaries) National Bank of Slovakia EN
Slovakia (for undertakings and intermediaries) National Bank of Slovakia SK
Slovenia (for undertakings) Insurance Supervision Agency (AZN) EN
Spain (for intermediaries) Dirección General de Seguros y Fondos de Pensiones EN
Spain (for undertakings) Dirección General de Seguros y Fondos de Pensiones ES
Sweden (for undertakings and intermediaries) Finansinspektionen, Financial Supervisory Authority EN
United Kingdom (for undertakings and intermediaries) Financial Conduct Authority EN

In accordance with Article 11(5) of the IDD, EIOPA published a report analysing national General Good rules in the context of the proper functioning of the IDD and the internal market on 30 July 2019.

Please note that EIOPA is not responsible for the correctness of the information that may be accessed through the links listed on this page.