Regulation 8 - The Authority may issue guidelines in relation to issuance and allocation of capital...
International Financial Services Centres Authority (Management Control, Administrative Control and Market Conduct of Insurance Business) Regulations, 2023 Chapter II CHANGE IN SHAREHOLDING PATTERN AND MANAGEMENT CONTROL
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Insurance capital issuance and allocation guidelines may regulate IIO capital arrangements within the management control regulatory framework. Regulation 8 empowers the Authority to issue guidelines concerning the issuance and allocation of capital of IIOs. This authority operates within the ... Summary
Insurance capital issuance and allocation guidelines may regulate IIO capital arrangements within the management control regulatory framework.
Regulation 8 empowers the Authority to issue guidelines concerning the issuance and allocation of capital of IIOs. This authority operates within the regulatory framework for management control, administrative control and market conduct of insurance business in International Financial Services Centres. Capital issuance and allocation requirements may therefore be prescribed through guidelines.
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