The Belgium Financial Services and Markets Authority (FSMA) and the Federal Public Service Economy have issued a joint handbook to clarify how the different rules governing cross-selling products with an insurance component apply and interact. The handbook is not intended to be exhaustive, but focuses on cross-selling arrangements where an insurance policy is either the main product or an ancillary product. It includes practical tools such as FAQs and diagrams, clarifies key concepts, explains the division of powers between the FSMA and the Federal Public Service Economy, and sets out rules to be observed when cross-selling a loan together with an insurance product.
Belgium Financial Services and Markets Authority 2025-05-23
Belgium Financial Services and Markets Authority and Federal Public Service Economy publish handbook clarifying cross-selling rules for products with an insurance component
The Belgium Financial Services and Markets Authority and the Federal Public Service Economy released a joint handbook clarifying rules for cross-selling products with an insurance component. The handbook provides practical tools, explains key concepts, and outlines the division of powers between the two authorities. It focuses on cross-selling arrangements involving insurance as a main or ancillary product.