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Luxembourg insurance regulator's €5,000 fine against SFS set for appeal
Appeal to be filed on January 3, expected to be heard later that month
Luxembourg-based Securities & Financial Solutions (SFS) will file an appeal against a €5,000 fine issued by insurance regulator, the Commissariat aux Assurances (CAA).
New Zealand specialist insurer CBL Corporation announced that SFS, its 71% owned Luxembourg-based subsidiary, would on Wednesday file the appeal against the fine, which was issued in December.
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