Provision of annual accounts
In accordance with article 7 of Regulation no. 04/2005-R of 28 February, the ASF website releases information from the Official Gazette of the Republic of Portugal and/or indicates the hyperlink for the website disclosing the reporting of every insurance company or entity liable for producing consolidated financial statements under Decree-Law no. 147/94, of 25 May.
The United Nations and the European Union, in the context of the prevention of money laundering and the fight against terrorist financing, have adopted international normative acts aimed at establishing specific restrictive measures against certain persons, organisations and countries.
Insurance Portfolio Transfers
In accordance with article 153, nº 2, of Decree-Law nº 94-B/98, of 17th April, the ASF website must publish the authorizations granted by the competent authorities of the EU Member States for the transfer of insurers portfolios containing contracts covering risks situated in the Portuguese territory or under which Portugal is the Member State of the commitment
Revocation of authorisations
Under article 9 of Decree-Law no. 90/2003, of 30 April, and under paragraph 3 of article 120-H of Decree-Law no. 94-B/98, of 17 April, the Insurance and Pension Funds Supervisory Authority should publicize, on the ASF website, the withdrawal of authorization to domestic and foreign insurance companies to pursue their activities, respectively.
Money Laundering and Terrorism Financing
The United Nations and the European Union, in the preventive context of money laundering and combating terrorism financing, have adopted international legal instruments aimed at establishing specific restrictive measures directed against certain persons, organizations and countries.
Certification Jury for Insurance Companies Responsible Actuaries