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European Insurance and Occupational Pensions Authority



Question ID: 2583

Regulation Reference: (EU) No 2016/97 - Insurance Distribution Directive

Topic: Other

Article: N/A

Status: UnderReview

Date of submission: 21 Feb 2023


Is a host competent authority based on the treaty of the European Union allowed to charge a fee for the purpose of conduct of business supervision on insurance distributors wishing to carry out cross border business activities based on FOE/FOS in the host member state?

Background of the question

Some directives provide for a standardized notification procedure as a precondition for doing business in another MS (IDD, MCD). The directives are silent on the question of fees in these cases.