{"id":"sanctions/caa-2023-11-13-anon-life-insurance-2","title":"CAA fine on an undisclosed company, 13 November 2023","type":"sanction","date":"2023-11-13","authority":"CAA","amount":"12000","html":"<p>On 13 November 2023 the Commissariat aux Assurances (CAA) imposed an administrative fine of EUR 12,000 on an undisclosed company. The CAA describes the infringement as: Late submission of documents for annual reporting.</p>\n<p>Legal basis: <a href=\"/lhoft?page=laws%2F2015-12-07-n1\" class=\"wikiLink\" data-target=\"laws/2015-12-07-n1\">Law of 7 December 2015 on the insurance sector</a>.</p>\n<p>Relevant for: Life insurance.</p>\n<p><a href=\"https://www.caa.lu/en/consumers/sanctions-and-other-administrative-measures\" target=\"_blank\" rel=\"noreferrer\">Sanctions table</a>, <a href=\"https://www.caa.lu/uploads/documents/files/Sanction_administrative_20230627.pdf\" target=\"_blank\" rel=\"noreferrer\">decision PDF</a>. Source: Commissariat aux Assurances (CAA), caa.lu.</p>"}