Portugal
ASF Regulatory Standard 4/2022-R of April 26 was published in Series II of the Official Gazette of the Republic of Portugal of May 31
Key aspects
> Improves the supervisory model for the governance system of insurance and reinsurance companies
> Establishes the general requirements and principles of the governance system of insurance and reinsurance companies for matters such as risk and solvency self-assessment, prevention, disclosure and settlement of conflicts of interest, the policy of preventing, detecting and reporting fraud in insurance and remuneration, and the internal reporting of irregularities