L’intermédiation en assurance : quelques considérations à la lumière de la révision partielle de la loi fédérale sur la surveillance des institutions d’assurance privées (LSA)

The Federal Act of 17 December 2004 on the Oversight of Insurance Companies (IOA) underwent a partial revision which was adopted by the parliament on March 18, 2022. The entry into force is planned for July 1, 2023, after the ordinance has been updated following the consultation procedure that ended in December 2022. This partial revision responds to developments that have occurred in the insurance industry. It creates the legal basis for the resolution of insurance companies. In accordance with the principle of proportionality, it relaxes the supervision of insurance companies that only have professional clients in their portfolio. In the footsteps of the 2018 Financial Services (FinSA), it creates rules of conduct for insurance companies and their intermediaries that apply to the distribution of insurance products that have the characteristics of an investment. In this context, the IOA revision clarifies certain aspects of the supervision of insurance intermediaries. The following…