Insurance intermediary registration requires in-principle approval, compliance verification, and a time-bound deficiency rectification process before certification.

Insurance intermediary registration requires in-principle approval followed by compliance with capital infusion, branch-head training, professional indemnity insurance, and other required conditions. Following satisfaction of applicable compliance obligations, a registration certificate may be issued for the relevant category and remains valid for three years unless revoked or cancelled. Deficiencies must be communicated with time for rectification, and refusal requires reasons and an opportunity for written submissions.

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