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Magnusson | European Union, Sweden, United Kingdom | 2 Oct 2018

Post-Brexit continuity in Sweden for UK insurance intermediaries

The Financial Supervisory Authority (FSA) recently published a report on Brexit's potential impact on the Swedish financial market and the FSA's activities. Following a so-called 'hard Brexit', the United Kingdom would be treated as a third country. For UK insurance intermediaries, this would preclude the passporting of UK licences on the basis of the freedom of establishment and the freedom......
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Magnusson | Sweden | 11 Sep 2018

Insurance broker remuneration in Sweden post-IDD

As Sweden transposes the EU Insurance Distribution Directive into local law, restrictions on third-party remuneration are being introduced by the legislature. These restrictions target intermediaries that give advice on the basis of a fair and personal analysis – historically, a category of intermediaries that often refer to their services as 'independent'. Under the Insurance Distribution......
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Magnusson | European Union, Sweden | 26 Jun 2018

Preliminary ruling on concept of insurance mediation

The European Court of Justice recently issued a preliminary ruling on a case referred by the Swedish Supreme Court concerning the interpretation of the concept of insurance mediation with respect to fictitious insurance products and whether investment advice regarding insurance-wrapped financial instruments fell within the scope of the EU Insurance Mediation Directive or the EU Markets in......
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Magnusson | European Union, Sweden | 5 Dec 2017

Insurance mediation or investment advice?

The Supreme Court recently referred a case to the European Court of Justice (ECJ) concerning the demarcation of insurance mediation and investment advice, and the extent to which the statutory liability insurance for insurance intermediaries should respond to claims in respect of such services. In tandem with the ECJ proceedings, the Swedish Ministry of Finance proposed that the EU Insurance......
Article
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Magnusson | Poland | 31 Oct 2016

Support of R&D in Poland

Increase of innovation of the Polish economy constitutes one of the main economic goals declared by the Polish government. The abovementioned goal is…
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Magnusson | European Union | 14 Oct 2016

ATSTATYTA LOGIKA: PVM - TIK UŽ IMPORTUOTAS PREKES

Dar iki šio birželio Bendrijos muitinės bei nacionaliniai teismai vadovavosi nelogiška nuostata ir už neimportuotas prekes reikalaudavo...
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Magnusson | Poland | 13 Oct 2016

Changes in provisions of Polish law regarding bio-fuels and bio-components

Implementation of ILUC Directive (meaning Directive (EU) 2015/1513 of the European Parliament and of the Council of 9 September 2015 amending…
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Magnusson | Poland | 11 Oct 2016

Changes in provisions regarding Polish construction law and water usage

On 30 September 2016, the Minister of Infrastructure and Construction published a bill of the Construction Code. The Bill is the another attempt to…
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Magnusson | Poland | 10 Oct 2016

Changes in the Polish support system for renewable energy sources

In connection with changes being introduced to the support system for electricity production using renewable energy sources, we list some of the most…
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Magnusson | Denmark, European Union | 14 Sep 2016

A new and improved Danish Marketing Practices Act is in hearing

During this summer the Danish Government has submitted a proposal for a new Danish Marketing Practices Act for public hearing. The purpose of the new…
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