Where the FSA receives notification from a competent authority that an insurance, reinsurance or ancillary insurance intermediary registered in another country within the European Union, or in a country with which the Union has concluded an agreement in the financial sector, wishes to operate in this country as a cross-border service provider, the FSA shall immediately acknowledge receipt of this notification. Once the competent authority of the country of origin has informed the intermediary that the FSA has acknowledged receipt, the intermediary may commence its activities in this country,
Where the FSA receives notification from a competent authority that an insurance, reinsurance or ancillary insurance intermediary registered in another country within the European Union, or in a country with which the Union has concluded an agreement in the financial sector, wishes to carry on its business activity through a branch in this country, the FSA shall immediately acknowledge receipt of this notification. The FSA shall inform the competent authority in the country of origin of the regulations regarding public interest applicable to the Danish market no later than one month of receiving the notification. An intermediary may commence its activity when it has received notification of the applicable regulations on public interest from the competent authority in its country of origin or, in the event that the intermediary does not receive such notification, one month after the FSA receives the notification referred to in Para. 1.
When an insurance intermediary or an ancillary insurance intermediary wishes to operate in this country as a cross-border service provider or wishes to carry on its business activity through a branch in this country the following national general good rules apply: