Code of conduct compliance requires every insurance intermediary to follow Schedule III standards for operations and management. Every insurance intermediary must abide by the Code of Conduct specified in Schedule III. This mandatory conduct requirement applies to intermediary ... Summary
International Financial Services Centres Authority (Insurance Intermediary) Regulations, 2021
Code of conduct compliance requires every insurance intermediary to follow Schedule III standards for operations and management.
Every insurance intermediary must abide by the Code of Conduct specified in Schedule III. This mandatory conduct requirement applies to intermediary operations and management, making adherence to the Schedule III standards an express obligation for each insurance intermediary. The Code of Conduct is the prescribed standard for operational and management conduct, and compliance is required from every intermediary within this category.
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