Appointed actuary regulation applies to international financial services insurance offices from publication in the Official Gazette. International Financial Services Centres Insurance Offices fall within the applicability of the International Financial Services Centres Authority ... Summary
International Financial Services Centres Authority Act, 2019
Appointed actuary regulation applies to international financial services insurance offices from publication in the Official Gazette.
International Financial Services Centres Insurance Offices fall within the applicability of the International Financial Services Centres Authority (Appointed Actuary) Regulations, 2022. Publication in the Official Gazette brings the regime into force. Rule-making authority arises under section 28, read with sections 12 and 13 of the International Financial Services Centres Authority Act, 2019, and clause (zd) of sub-section (2) of section 114A of the Insurance Act, 1938.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.