Record retention requires underwriters to preserve books and related records for the prescribed minimum period under regulation. Under Regulation 17, every underwriter must preserve the books of account and other records and documents mentioned under the chapter and retain such ... Summary
Record retention requires underwriters to preserve books and related records for the prescribed minimum period under regulation.
Under Regulation 17, every underwriter must preserve the books of account and other records and documents mentioned under the chapter and retain such materials for a minimum period of five years, ensuring continued availability of accounting and related documentation for compliance purposes.
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