The Superintendence of Insurance Activity (Sudeaseg), informs intermediaries, Insurance and Reinsurance brokerage companies, brokers and insurance agents, that from January 1 to March 31, 2023, the Declaration System will be active in Line, through the institution’s Web portal.
Here they must make the Sworn Declaration of Origin of the Funds and the Declaration, if they are in the exercise of the activity for which they were authorized.
In this sense, they may enter the Online Declaration System, through the button: “Management of Regulated Subjects”, located at the beginning of the Sudeaseg website.
This procedure complies with the formal duties established in the current legal regulations:
On the one hand, Article 115 of the Decree with Rank, Value and Force of Law of the Insurance Activity, published in the Official Gazette of the Bolivarian Republic of Venezuela No. 6,211 Extraordinary dated 12/30/2015, reprinted by mistake in the originals in the Official Gazette of the Bolivarian Republic of Venezuela No. 6,220 dated 03/15/2016, indicates:
“… The intermediaries authorized by the Superintendence of Insurance Activity, must report annually, from the date of entry into force of this Decree, with Rank, Value and Force of Law, through an affidavit, that they are in the exercise of the activity for which they have been authorized, indicating in it their updated address”.
Once the period indicated to make the declarations has ended, the corresponding reviews and procedures will be carried out through the Prevention and Money Laundering Department and the Legal Department of Sudeaseg.
Source: Sudeaseg Press
VTV/JR/LL