Regulatory flexibility enables clarifications and reasoned relaxation of strict investment requirements after a fee-supported application. The Authority may issue guidance notes or circulars to resolve difficulties in applying or interpreting requirements governing investments by ... Summary
Regulatory flexibility enables clarifications and reasoned relaxation of strict investment requirements after a fee-supported application.
The Authority may issue guidance notes or circulars to resolve difficulties in applying or interpreting requirements governing investments by International Financial Services Centre Insurance Offices. Upon an application accompanied by the specified non-refundable processing fee, it may relax strict enforcement of any requirement, provided written reasons are recorded in writing.
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