INTRODUCTIONInternational Financial Services Centres Authority (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2023
INTRODUCTIONInternational Financial Services Centres Authority (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2023
Regulation 6 - Inspection, Investigation, Information and disclosure
International Financial Services Centres Authority (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2023 Chapter III MISCELLANEOUS PROVISIONS
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Inspection and investigation powers enable regulatory oversight of IIO affairs, information demands, parent-entity inquiries, and prescribed activity disclosures. Regulation 6 establishes inspection, investigation, information-gathering and disclosure powers for life insurance business carried on by an IIO. The ... Summary
Inspection and investigation powers enable regulatory oversight of IIO affairs, information demands, parent-entity inquiries, and prescribed activity disclosures.
Regulation 6 establishes inspection, investigation, information-gathering and disclosure powers for life insurance business carried on by an IIO. The Authority may inspect or investigate an IIO's affairs and call for information from the IIO or its parent entity. It may specify activity-related disclosures an IIO must make to the Authority about its activities.
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