Information and services website for entrepreneurs

Notification of intent to take up the brokerage activity in the territory of another Member State of the European Union

Are you an insurance broker and you want to start business in another EU country? You must inform the Polish Financial Supervision Authority. Details can be found below.

How to handle a matter

A matter can be hadled:

  • at the office
  • by post

What you should know and who can benefit from the service

Entities entitled to execute the procedure

An insurance broker who intends to take up the brokerage activity in the territory of another Member State of the European Union is obliged to notify the supervision authority about the fact.

When should you handle the matter

At any time

Where you can handle the matter

Urząd Komisji Nadzoru Finansowego
Piękna 20, 00-549 Warszawa

What to do step by step

  1. Submit a notification of intent to take up the brokerage activity in the territory of another Member State of the European Union

In the notification, inform about:

  • the country in which you want to operate
  • the address of your branch/branches in your country
  • the names of the persons authorised to represent you in that country and to manage the affairs of the branch

Documents

You can submit a document as:
Oryginał
Additional information

W powiadomieniu broker ubezpieczeniowy wskazuje:

1) państwo członkowskie Unii Europejskiej, w którym działalność ma być wykonywana;

2) adres oddziału lub przedstawicielstwa brokera ubezpieczeniowego w państwie członkowskim Unii Europejskiej, w którym działalność ma być wykonywana, jeżeli oddział lub przedstawicielstwo ma być ustanowione.

  1. The Authority will forward the notification to the competent authority in a Member State of the European Union

The Polish Financial Supervision Authority, within 30 days from the date of notice, forwards the information to the competent authority keeping the Register of Insurance Intermediaries in the Member State of the European Union in the territory of which the insurance broker intends to pursue the activity, along with information that the insurance broker is entered in the register kept by the Supervision Authority.

The notification is not forwarded if the Member State of the European Union in the territory of which the insurance broker intends to take up the activity has not expressed its will to receive such information.

Time limit

30 days from the date of notice

  1. The authority will provide you with information

The Polish Financial Supervision Authority informs you that:

1) the information has been forwarded to the relevant authority in the Member State of the European Union where you intend to pursue the activity of insurance broker or

2) the Member State of the European Union has not expressed its will to receive such information.

  1. Making changes in the Register of Brokers

The Polish Financial Supervision Authority makes a change in the Register of Insurance Brokers by entering:

a) a list of Member States where the activity is pursued,

b) the address of the insurance broker's branch or representative office in the Member State where the activity is to be pursued, if such a branch or representative office has been established.

How much will you pay

The service is free of charge

How long will you wait

If you intend to operate in another EU country, the Polish Financial Supervision Authority will notify the relevant authority in that country within 30 days.

Was this page useful?