Financial and capital market Commission, the provisions of regulations No 113 in Riga 2009 (25 September. 3. No 35 p.)
The issue of licences for the performance of the insurance, individual insurance regulatory authorisation transaction, document harmonization and reporting regulations Issued in accordance with the provisions of the insurance companies Act, and under the supervision of the second subparagraph of article 9, the third paragraph of article 24, article 65 of the second part of the first subparagraph of article 103 and 131. the third paragraph of article i. General questions 1. "license to carry insurance, the insurer for the issue of activity licences of the framework , document harmonization and regulatory arrangements for the provision of information "(hereinafter-the rules) are binding on the commercial register of the Republic of Latvia registered companies established as a joint stock company or a European company, or mutual cooperative society (hereinafter – insurance company), and a member of the insurer not affiliates (together, the insurer).
2. the rules are not binding on member insurers of the branches.
3. the rules provide procedures: 3.1 financial and capital market Commission (hereinafter the Commission) issued a licence to the insurance (hereinafter licence) for insurers;
3.2. the Commission license to re-register the insurer;
3.3. the Commission is authorized to: 3.3.1. insurance company reorganization or without completing the reorganization be transformed into legal entities which do not keep;
3.3.2. the insurer's file in the Member State receiving the moving of the security;
3.3.3. the insurer put all insurance contracts concluded or part of another tradesman insurance;
3.3.4. the insurer liquidation proceedings;
3.3.5. the subject of the supplementary supervision of insurance undertakings not to supply information on the supplementary supervision of insurance undertakings subject to transactions between individual group company or physical person who, directly or by way of control has gained 20 percent or more of the voting rights or direct or by way of control acquired a participation, which covers 20 percent of the share capital and over or the number of voting shares subject to the supplementary supervision of insurance undertakings, its associated company participation in society, or the society for participation in society;
3.3.6. the subject of the supplementary supervision of insurance undertakings should include a separate group company solvency margin and adjusted solvency margin funds and adjusted the calculation of own funds;
3.3.7. the insurance company that is not a member of insurance holding company, a member of the insurer or reinsurer is not a subsidiary company, release it from the adjusted solvency margin and adjusted the calculation of own funds of the preparation;
3.3.8. the insurer to the loan agreement, if the amendment of the own funds of the insurer shall be included in the calculation of the subordinated capital;
3.3.9. the insurance company a perpetual preference shares to repay if the own funds of an insurance company shall be included in the calculation of perpetual preferred shares with dividend accumulation;
3.4. the insurer shall coordinate with the Commission: 3.4.1 loans, which are included in the calculation of own funds of the insurer, and loans, with a maturity of three months, if these loans take to ensure insurance claims for which the insurer assumes the cost, the cost of timely decisions;
3.4.2. dividend payout, if a report given by a sworn auditor or certified auditor company, which examined the annual report, are notes;
3.5. the insurer shall inform the Commission about: 3.5.1. an insurance company's intention to open a branch in a Member State or of the Member State of provision of services, without having to open the branch;
3.5.2. the insurance company Board Chairman, Board members, Board members, internal audit (audit) head of service, the Chief Actuary of the insurer by the Member State and branch manager of the candidate, as well as the person who, by adopting the relevant decisions by the insurance companies or non-Member State of the branch of the insurer, will create an insurance company or insurer branch Member State obligations civil liability (hereinafter officials);
3.5.3. intermediate insurance holding companies designate members of the Executive Body;
3.5.4. derivative financial instruments the extension to cover the technical provisions;
3.5.5. any circumstances which may have a significant impact on the future performance of the insurer;
3.5.6. the taking of reinsurance;
3.5.7. close relations;
3.5.8. the change of registered office.
4. The Republic of Latvia developed and approved documents and copies thereof shall be drawn up in accordance with the Republic of Latvia Cabinet of Ministers approved the development and presentation of the document requirements of the rules.
5. foreign physical and legal persons documents must be legalised unless the laws of the Republic of Latvia or the Republic of Latvia Saeima approved international treaties do not set out other arrangements. Documents in foreign languages must be accompanied by a translation into Latvian language or the language of international finance.
6. If the license is lost, the insurer shall immediately publish the newspaper "Gazette" notice of loss of license and submit to the Commission an application for the issue of a duplicate licence.
7. for persons, adopting relevant decisions on behalf of the insurer, the insurer will create civil obligations, within the meaning of this provision is considered – prokūrist and other persons by adopting relevant decisions on behalf of the insurer, are responsible for the insurer's risk, reinsurance, or investment.
II. Insurance companies licensing 8. Commission to evaluate according to the insurance company and under the supervision of the law article 13, first paragraph the documents submitted an insurance license, insurance company in addition to the Commission the following information and documents: 8.1. insurance companies authorized to sign the application addressed to the Commission for a licence for one or more types of insurance that lists all documents annexed thereto;
8.2. the insurance company of the Treaty (decision) transcript;
8.3. insurance statutes, drawn up in accordance with the law, which determines the shares of the company or the European commercial companies, cooperatives or the founding of the order, a copy of the requirements;
8.4. the insurance company a copy of the registration certificate;
8.5. the credit institution's document, which confirms the deposit guarantee fund;
5.3. start-up expenses required for calculation and information on sources of funds to cover these expenses;
8.7. the insurance company shareholders ' list (annex 1) or mutual cooperative society for information about the number of members;
8.8. the particulars of the insurance company's shareholders (members): 8.8.1. insurance company shareholders (members) identification document copy: 8.8.1.1. commercial companies (non-residents only)-certified registration certificate or other corresponding foreign country valid identification (registration certificate) a copy of the document, other 8.8.1.2. persons who are not natural persons – other identifiable copy of the document;
8.8.2. documents concerning the financial position, which allows you to verify the adequacy of the capital free of paid shares (shares): the Republic of Latvia 8.8.2.1. commercial companies-State revenue service in the district concerned, not older than three months issued a statement that the company does not have a tax debt, and the last two years audited copies of the annual report with the State revenue service mark of receipt 8.8.2.2. foreign commercial companies – in the last two years audited copies of annual accounts , 8.8.2.3. natural persons: residents of the State revenue service – a certified copy of the Declaration of annual income, non-residents, where the tax authorities certifying the tax (income), or any other copy of the Declaration of free capital adequacy of the supporting documents and all documents showing that the funds (capital);
8.8.3. details of insurance company shareholders ' participation in other major company, specifying their name (company), legal address, registration number and the registration country (territory), participation levels, as well as, in particular, if the company's insurer, credit institution, financial institution or a financial holding company;
8.8.4. notification of persons that have a close relationship with the insurance company;

8.9. the particulars of the insurance company's shareholders (members)-company-owners to obtain information about the owner (the true beneficiaries) – natural persons and all this insurance company shareholders (the members) of the owner (physical, legal and others) identification, as well as details of the owner, a qualifying holding in other companies, including their name (company), registered office, level of participation (amount and percentage of the share capital). If the owner of the insurance company's shareholders shares are quoted on the established in a Member State of the regulated market or the Organizer organiser of the regulated market, which is the international stock exchange of the Federation, full member submitted news only for those owners who own qualifying holdings;
8.10. the insurance company Board members, Board members, internal audit (audit) head of service, the Chief Actuary, persons, adopting relevant decisions on behalf of the insurance company, the insurance company will create civil obligations, the candidacy of representative documents: communication (annex 2), advanced professional biography (CV), a copy of the document on education; desired letter of recommendation (recommendation) from a previous or current jobs.
9. If the insurance company's shareholders or their parent companies who have a significant interest and over 20 percent of the share capital of an insurance undertaking or voting shares, is not a member of insurers, reinsurers, credit institutions, financial institutions or financial holding company, then those extra point 8 shall submit the documents referred to in the Member State concerned insurer, reinsurer or financial institutions Supervisory Authority authorisation for acquisition of major insurance companies, if the national legislation the following permissions need whether these are not institutions of the Member States confirm that such permission is not required and that it does not object to a particular Member of the insurer, not the reinsurers, credit institutions, financial institutions or financial holding company participation in an insurance company. In addition to the information submitted to the Member State of the insurance supervisory authorities evidence that it carries out the monitoring of the global insurer in the consolidated financial statements of the parent and not the Member State concerned that the existing laws permit insurance surveillance authority to give other State insurance supervisory authority and to receive from the insurer, the financial statements and other information to the extent necessary for the performance of supervisory functions, and that the laws of the Member State provides for the responsibility for confidential information disclosure.
III. the Member State of the branch of the insurer Not licensed for the Commission to assess the 10 under the supervision of insurance companies and 10 of the law on the third paragraph of article submissions by insurance licence, not a member insurer shall submit to the Commission, in addition the following information and documents: not a member insurer 10.1. authorized persons sign the Commission addressed the issue of the licence application for one or more types of insurance that lists all documents annexed thereto;
10.2. the management authority of the Member State of the insurer's permission to open a branch of the insurer in the Republic of Latvia, if the Member State concerned to the existing laws and regulations provide for such authorization, or approval of such bodies that such permission is not necessary and that it will not oppose the opening of the branch, as well as the institutions prepare for the legislation of the Member State in the supervision of insurance companies. In addition to the information specified enforcement agency name, address, contact, the fax number, e-mail address, as well as the Member State concerned is not an insurer insurance licence issued to date, registration number and location (address);
10.3. a notification of the Member State of the insurer not close relations with third parties;
10.4. no member of the insurer a copy of the registration certificate;
10.5. the insurer's shareholders the Member list (annex 1) and the structure of the Group;
10.6. the Member State of the branch of the insurer, the main actuarial and persons, adopting relevant decisions of a Member State of the branch of the insurer not, cause a member insurer's obligations, the civil branch of the candidacy of representative documents: communication (annex 2), advanced professional biography (CV), a copy of the document on education; desired letter of recommendation (recommendation) from a previous or current jobs.
11. the documents which the Member insurer not include internal control systems and procedures the policy principles, must be a member of the administrative organ or the insurer, officials confirmed.
IV. the licence for another type of insurance 12. If the insurer who is entitled to provide insurance services in the Republic of Latvia wishes to receive a licence for another type of insurance, the insurer shall submit to the Commission the following documents: 12.1. insurer authorized to sign the application addressed to the Commission for a licence for one or more types of insurance that lists all documents annexed thereto;
12.2. the operating structure, the administrative services necessary to create estimates of expenditure and information about sources of funds to cover these expenses;
12.3. a new type of insurance required for the implementation of expenditure and information about sources of funds to cover it.
V. license renewal 13. re-register your license by the Commission in the following cases: 13.1 if you change the name of the insurer;
13.2. If the license terms are changed.
14. With a view to re-registering a license, changing the name of the insurer, the insurer shall submit to the Commission the following documents: 14.1. insurer authorized to sign the application addressed to the Commission for registration of the licence, that lists all documents annexed thereto;
14.2. a certified copy of the registration certificate.
15. With a view to re-registering a license, changing the license terms, the insurer shall submit to the Commission the following documents: 15.1 the insurer is authorized to sign the application addressed to the Commission for registration of the licence, that lists all documents annexed thereto;
15.2. the planned insurance;
15.3. the tariff calculation methodology;
15.4. the methodology of calculation of technical provisions;
15.5. the reinsurance program.
Vi. Insurance companies a legal person which are carried out by the Commission allow 16 To transform the insurance company about the legal person who does not take insurance, the insurance undertaking shall submit to the Commission the following documents: 16.1. application motivated, that lists all documents annexed thereto;
16.2. the conversion of a legal person that does not carry insurance, completion of the State first day prepare the transaction balance;
16.3. the reorganisation plan, if the insurance company is transformed into a legal person that does not carry insurance, the reorganization;
16.4. evidence that the insurance company has fulfilled all the obligations laid down in the treaties.
VII. Member State of the branch of the insurer Not security move 17. Authorisation of the Member State of the branch of the insurer not the security transfer, the Member State of the branch of the insurer not submitted to the Commission a reasoned request for the transfer of the security that justified the need for the transfer of the security.
VIII. An insurance or reinsurance contract or parts of them referrals and taking over 18 to get permission for all insurance contracts concluded or parts thereof (hereinafter insurance portfolio) transfer: 18.1. insurer which served insurance portfolio shall be submitted to the Commission: 18.1.1. motivate the application for the transfer of the insurance portfolio that lists all documents annexed thereto;
18.1.2. the insurance portfolio of insurance policies, putting together a list of insurance policies by insurance types and including: 18.1.2.1. date of entry into force and duration, 18.1.2.2. the sum insured, 18.1.2.3. gross and net signed and received insurance premiums, 18.1.2.4. log on the claims of the gross and net amount (life insurance companies should not be indicated);
18.1.3. the insurance portfolio pursuant to the calculation of technical provisions;
18.1.4. expand the investment marketable technical reserves (active) the list according to the calculation of technical provisions;
18.1.5. Member States in which the candidate in the insurance portfolio to the insured risk related insurance objects list;
18.1.6. the agreement on the transfer of the insurance portfolio;

18.1.7. information on claims handling policy, if the insurance company is transferred to another Member State the open branches of insurance portfolio and insurance companies in other Member States open a branch after the transfer of the insurance portfolio is eliminated;
18.2. an insurer who takes over the portfolio of insurance shall be submitted to the Commission: 18.2.1. motivated application for insurance portfolio acquisitions, listing all of the documents accompanying it;
18.2.2. operating plan to take over the portfolio of insurance service;
18.2.3. the solvency margin calculation, pursuant to engrossed in the insurance portfolio;
18.2.4. If insurance portfolio is taken over without a corresponding investment of technical reserves technical provisions-recovery plan, indicating the source of the funds.
19. The insurer that transfers or reinsurance contracts or take over part of the Act and the Commission's reinsurance law legislative provisions.
IX. liquidation of the insurer for the Commission to allow 20. liquidation proceedings in cases where the insurer decided to end the action, the insurer shall submit to the Commission the following documents: 20.1. submissions, motivated that lists all documents annexed thereto;
20.2. the liquidation plan;
20.3. liquidation process sākumbilanc with the Board and the Council on the liability of the insurer and the winding-up of the situation and the predictable results.
X. Transactions Between 21 To the supplementary supervision of insurance undertakings in the subject to receive permission does not give information on the supplementary supervision of insurance undertakings subject to transactions between individual group company or physical person who, directly or by way of control has gained 20 percent or more of the voting rights or direct or by way of control acquired a participation, which covers 20 percent of the share capital and over or the number of voting shares subject to the supplementary supervision of insurance undertakings , its associated companies, membership in the society or society of the associated membership in the society, subject to the supplementary supervision of insurance undertakings shall submit to the Commission a reasoned submission, which announces that, subject to the supplementary supervision of insurance undertakings for one or more of the total amount of transactions of the same type with the appropriate company or natural person in the reporting period does not exceed the lesser of the following sizes – 35 000 lats or 1 per cent of the supplementary supervision of insurance undertakings subject to total assets.
XI. The adjusted solvency margin and adjusted the same features 22. to the supplementary supervision of insurance undertakings under permission to exclude certain groups of company solvency margin and adjusted solvency margin funds and adjusted the calculation of own funds, subject to the supplementary supervision of insurance undertakings shall submit to the Commission the following documents: 22.1. motivated application that lists all of the attached documents and lists the company share capital share (percentage) directly or by way of control belongs to the subject of the supplementary supervision of insurance undertakings or other group company;
22.2. the adjusted solvency margin and adjusted the calculation of the own funds containing relevant group company;
22.3. the adjusted solvency margin and adjusted the calculation of own funds, which are not included in the relevant group company.
23. to the insurance company, which is not a member of insurance holding company, insurer or reinsurer of the Member State of the subsidiary company received permission to release it from the adjusted solvency margin and adjusted the calculation of own funds, it shall present to the Commission a reasoned application, which contains the other Republic of Latvia registered the insurance holding company, non-member or non-Member State of the insurer the insurer's subsidiaries, which have a greater total assets and provide the Commission with the parent company adjusted solvency margin and adjusted the calculation of the own funds that includes all in Latvia registered subsidiaries, name and total assets.
XII. changes in equity 24. Permission to perpetual preferred shares shall be released if the own funds of an insurance company shall be included in the calculation of the perpetual preference shares with a dividend accrual, the insurance undertaking shall submit to the Commission the following documents: 24.1. motivated application that lists all documents annexed thereto;
24.2. insurance companies calculate the solvency margin and the same amount of funds after the perpetual preference shares back.
Xiii. The Borrowing Of 25. If the insurer wants to take the loan, which will be included in the calculation of own funds of the insurer, the insurer shall, before sampling a loan shall submit to the Commission for reconciliation: 25.1. motivated application that lists all documents annexed thereto, with the reasons for the loan contract need;
15.7. a copy of the loan agreement.
26. in order to receive permission to the loan agreement, if the amendment of the own funds of the insurer shall be included in the calculation of capital, subordinated insurer shall submit to the Commission the following documents: 26.1. motivated application that lists all documents annexed thereto;
26.2. the amendments to the loan agreement.
27. If an insurer wants to take a loan in order to ensure the timely claims cost, before taking a loan, except for this rule set out in paragraph 28 of the event, the insurer shall submit to the Commission for reconciliation: 27.1. motivated application that lists all of the attached documents and information about the required: 27.1.1. loan amount and term;
27.1.2. about a possible loan, that is, a legal entity, company, address, and country of registration number, but a natural person – given name, surname, identity number and address;
27.1.3. the sources for early repayment of a loan;
27.2. the decision on the costs of claims.
28. If the insurer of its multiple insurance claims cost time for plans to use funds from credit lines or funds obtained as a result of repo under the same contract for credit or contract for repurchase transactions, insurer before each use of a credit line or a repo transaction, the Reconciliation Commission submitted the following documents: 28.1. application motivated, that lists all of the attached documents and information 28.1.1. required: loan or repo deal size and maturity;
28.1.2. the sources for early repayment of a loan or buy-back of securities;
28.2. the decision on the costs of claims a copy;
17.6. a copy of the agreement on the credit line if the insurer shall timely claims incurred to provision will use funds from credit lines (only before the first use of a credit line);
28.4. the contract for repurchase transactions, if the insurer a copy of timely claims incurred for use of funds obtained as a result of repos (only before the first repo transaction).
XIV. Dividend payout 29. If the report given by a sworn auditor or certified auditor company, which examined the annual report, are notes, before dividends of an insurance company shall submit to the Commission the explanation of sworn auditors or certified auditor commercial companies as well as submit comments to the draft decision on the harmonisation expected dividends to be paid.
XV. The insurance companies the opening of a branch in a Member State or the Member State of provision of services, without having to open the branch 30. Insurance company wishing to establish a branch in the Member State of the insurance undertaking shall submit to the Commission and article 11 of the law on supervision in the second part of the Latvian language in these documents with document translation in the language of the country in which the insurance company plans to open a branch. If this possibility was provided for in the Member State concerned, an insurance company, a translation of the documents may also be submitted in English.
31. An insurance company wishing to launch insurance in the Member State of provision of services, without having to open a branch in the Commission communication in English (annex 3 or annex 4).
XVI. Information on officials of providing 32. Commission to ensure compliance with the officials of the insurance undertaking and the supervisory requirements of the law, the insurer shall, within 10 working days before the candidate takes up its responsibilities, the Commission shall submit the following documents: 32.1. motivated application that lists all documents annexed thereto;
32.2. the competent administrative authorities of the insurer's meeting (the meeting) a copy or extract of the minutes to the decision on the nomination of the person to exercise authority or competent officials of the decision on appointment of the person in the post copy;

32.3. the officers of the nomination documents: raksturojošo statement (annex 2) and the identity document that shows the name, surname, personal code and photograph, copy of entry in the Republic of Latvia or valid identity document that shows the name, surname, personal code, or if it is not given, date of birth, as well as the issuing authority, a copy of the document;
32.4. the national competent authorities issuing the document, certifying that the candidate is a person who is convicted 32.4.1.: for intentional criminal offence was committed, including the abuse of bankruptcy;
32.4.2. who is convicted of an intentional criminal offence, although released on parole due to the Statute of limitations, pardon or amnesty;
32.4.3. against which criminal proceedings initiated for the purpose of committing a criminal offence is terminated due to a statute of limitations or amnesty;
32.4.4. which called the criminally liable for intentional criminal offence, but the criminal proceedings against them terminated on a reabilitējoš basis;
32.5. the statement of the actuarial professional associations, which is a member of the International Actuarial Association, the main actuarial candidate membership in the Association;
32.6. the statement of the right to perform the duties of the Chief Actuary in another country, if the main actuarial candidate has other national actuarial professional members of the Association.
33. The insurance company does not provide this provision specified in point 31 documents about the nominee, but 10 working days before the candidate takes up his duties, shall inform the Commission of changes to the official status in the following cases: 33.1. Chairman of the Board of the insurance undertaking becomes a member of the Executive Board;
33.2. the insurance company board member becomes Chairman of the Board;
33.3. the insurance company executive or Board becomes a member of the Council, the President of the Council or the Deputy Chairman of the Council;
32.4. the insurance company a member of the Council becomes the President of the Council or the Deputy Chairman of the Council;
33.5. Insurance Council Vice-Chairman becomes Chairman of the Board or Council members;
20.9. Chairman of the Board of the insurance undertaking becomes a Council member.
34. The insurer within 10 working days after the decision of the commercial register shall notify the Commission of changes to the insurance company or the Council in the composition of the members of the management board or a Member State of the branch of the insurer or the person who, in adopting relevant decisions by insurance companies or non-Member State of the branch, on behalf of the insurer raises the insurance company or insurer of the Member State of the branch of civil obligations.
XVII. Information on insurance holding company a member of the Executive of the provision 35. to ensure that the insurance holding company, the Member of the Executive Body meets the insurance companies and the supervisory requirements of the law, the insurance undertaking shall submit to the Commission the following documents: 21.8. motivated application that lists all documents annexed thereto;
35.2. intermediate insurance holding companies, the competent authorities of a meeting (the meeting) a copy or extract of the minutes to the decision on the nomination of the person's duties for the nomination;
35.3. the officers of the nomination documents: raksturojošo statement (annex 5) and identity document that shows the name, surname, personal code and photograph, copy of entry in the Republic of Latvia or valid identity document that shows the name, surname, personal code, or if it is not given, date of birth, as well as the issuing authority of the document, a copy.
XVII. Financial derivatives application to cover technical provisions 36. Insurer before the financial derivatives (futures, swaps and regulated market include options) to cover the technical provisions shall inform the Commission, by giving it the following documents: 36.1. motivated application that lists all the documents attached to it, on the grounds of financial derivatives application to cover technical provisions need;
36.2. the insurer's management developed and approved the use of derivatives, which agreed with the insurer's operating, investing and building the appropriate risk management (only before the first extension of the financial instrument to cover the technical reserves).
XIX. The circumstances which may have a significant impact on the future performance of 37 insurers. The insurer immediately, but not later than within three working days, notify the Commission of any circumstances which may have a significant impact on the future performance of the insurer, and shall submit to the Commission information on prevention measures.
XX. Reinsurance started 38. Insurer 30 days before start of reinsurance for reinsurance shall inform the Commission, by submitting a reasoned application, stating: the insured risk of 38.1. Description;
38.2. the reinsurance contract;
38.3. pārapdrošinājum workers;
23.9. the reinsurance obligations will be further passed the retrocession.
XXI. the close relationship of close relations 39. creation or changes in the insurer shall notify the Commission not later than 30 days after the close of the creation or changes in them.
40. The notice of the people with whom the insurer has a close relationship: 24.9. for natural persons: 40.1.1. residents – name, surname, personal code and close relationship;
40.1.2. non-residents – name, surname, year of birth and place of close relations;
40.2. the commercial companies – company, registration number and location, close relationship.
41. The insurer shall prepare a report on the people with whom it has a close relationship, and each year up to February 1, submitted to the Commission on the status of the previous December 31. Relation with the persons that have a close relationship with the insurer, the graphic image.
XXII. the information on the change of registered office 42. The insurer not later than 10 working days after the insurer's legal address change registration in the commercial register shall inform the Commission thereof.
XXIII. the application and the notice of the arbitration proceedings 43. Insurer's application for issue of the licence, the Commission examined and a decision on the issuing or the refusal to adopt, within three months after all the necessary requirements of the laws under the prepared and presented the document receipt.
44. the name of the Insurer (company) in the event the license re-register within three working days after all necessary legislation prepared and presented, according to the document.
45. the license terms in the event of an application for renewal of licence, the Commission examined and a decision on renewal or refusal be taken within 30 days after all necessary legislation prepared and presented, according to the document.
46. in the event of the loss of the licence, the Commission shall issue a duplicate of the licence within three working days after the receipt of the application.
47. the Commission of these provisions 16., 17., 20., 26 and 29 in specific submissions or other documents examined within 30 days after all necessary according to the requirements of the laws and the documents received.
48. the Commission of these provisions in paragraphs 27 and 28 specific submissions or other documents examined within five working days after all necessary according to the requirements of the laws and the documents received.
49. If an application or other document at the hearing, the documents referred to in these provisions are amended, the insurer shall submit to the Commission without delay the relevant specified documents.
50. The insurer may submit to the Commission documents that are obtainable from the register of the Republic of Latvia.
51. where these rules in the cases specified in the documents to be submitted, which is already at the disposal of the Commission and that information does not change, then do not submit relevant documents and submission to the Commission indicates that the relevant documents are submitted to the Commission and the information they contain, from the time of submission to the Commission, no change.
52. If the insurer the documents submitted do not give a complete idea of the statutory requirements for authorization or the harmonisation of enforcement document, the Commission has the right of the insurer, or the person who wishes to acquire or increase qualifying shareholdings in the company, request additional information, specifying the deadline.
XIV. final question 53. entry into force these rules shall lapse: 53.1. Commission 30 December 2005 a Regulation No 174 "insurers and reinsurers abroad the governing financial and capital market Commission's authorization, notification, document harmonization and reporting";
53.2. Commission of 8 august 2003 rules no 180 "licenses and permits insurance insurance services abroad award rules".
Informative reference to directives of the European Union

The rules included provisions resulting from: 1) Council of 24 July 1973 on the first Directive 73/239/EEC on the coordination of laws, regulations and administrative provisions relating to the taking up and pursuit of the business of direct insurance other than life assurance;
2) Council of 22 June 1988 on the second Directive 88/357/EEC on the coordination of laws, regulations and administrative provisions relating to direct insurance other than life assurance and laying down provisions to facilitate the effective exercise of freedom to provide services and amending Directive 73/239/EEC;
3) Council of 18 June 1992 Directive 92/49/EEC on the coordination of laws, regulations and administrative provisions relating to direct insurance other than life assurance and amending Directives 73/239/EEC and 88/357/EEC (third non-life insurance directive);
4) of the European Parliament and of the Council of 29 June 1995 directive 95/26/EC amending Directives 77/780/EEC and 89/646/EEC in the field of credit institutions, directives 73/239/EEC and 92/49/EEC in the field of non-life insurance, directives 79/267/EEC and 92/96/EEC in the field of life assurance, Directive 93/22/EEC in the field of investment firms and Directive 85/611/EEC relating to undertakings for collective investment in transferable securities (UCITS) to strengthen the Advisory supervision;
5) of the European Parliament and of the Council of 27 October 1998 Directive 98/78/EC on the supplementary supervision of insurance undertakings in an insurance group;
6) the European Parliament and of the Council of 5 March 2002 Directive 2002/13/EC, amending Council Directive 73/239/EEC on non-life insurance undertakings solvency margin requirements;
7) the European Parliament and of the Council of 5 November 2002, Directive 2002/83/EC concerning life assurance;
8) of the European Parliament and of the Council of 16 December 2002, Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC as well as directives of the European Parliament and of the Council 98/78/EC and 2000/12/EC;
9) the European Parliament and of the Council of 16 November 2005 of Directive 2005/68/EC on reinsurance and amending Council Directives 73/239/EEC and 92/49/EEC as well as directives 98/78/EC and 2002/83/EC.
Financial and capital market Commission i. attachments ZIP 1.2 mb Krūman annex 1: financial and capital market Commission 25.09.2009. regulatory arrangements no 113 annex 2 financial and capital market Commission 25.09.2009. regulatory arrangements no 113 annex 3 financial and capital market Commission 25.09.2009. regulatory arrangements no 113 enclosure the Notification to their article pursuan 35 of the Council Directive 92/49/EEC of 10 June 1992 on the Coordination of laws , And administrative regulations relating to the Provision of their direct insurance other than life assurance and Amending Directives 73/239/EEC and 88/357/EEC (Third Non-life insurance directive) the EEA State in which the insurance services to be provided to: name of insurance company: address: telephone/fax number: contact name: 1. The classes of insurance to be provided according to Annex it the first Non-life insurance directive : class number Description service to be provided (yes/no) class 1 accident (including industrial injury and occupational diseases) class 2 class 3 Sicknes Land vehicles (other than railway rolling stock) class 4 Railway rolling stock aircraft class 5 class 6 ships (sea, Lake and river and canal vessel) class 7 goods in transit (including merchandise, and all others, good baggag) class 8 fire and natural forces class 9 Other damage to property class 10 Motor vehicle liability class 11 aircraft 12 Liability for liability class ships (sea, Lake and river and canal vessel) class 13 General liability class 14 credit Class 15 Suretyship class 16 miscellaneous financial loss 17 Legal expense of Class class 18 assistance 2. The nature of the risk to be covered in the EEA State concerned: 3. If the insurance company intends to cover risks, other than carrier's liability, falling within class 10: a) the name and address of the representative claim;
(b)) the details of the insurance company's membership of the national Bureau and the national guarantee fund in the EEA State concerned.
Signed on behalf of the Insurance Company: _____ _____ _____ _____ annex 4 financial and capital market Commission 25.09.2009. regulatory arrangements no 113 annex 5 financial and capital market Commission 25.09.2009. regulatory arrangements no 113