https://www.taxtmi.com/news?id=14753 The Authority treated corporate agents as insurance intermediaries after the statutory amendment and issued an initial exposure draft followed by a revised second exposure draft responding to stakeholder comments. The revised second exposure draft clarifies that the Authority does not mandate percentage limits on banks selling insurance products, signalling a regulatory approach that refrains from imposing numerical caps on bank distribution while framing rules for corporate agents. en-us Fri, 24 Jul 2015 17:54:54 +0530 Fri, 24 Jul 2015 17:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14753 The Authority treated corporate agents as insurance intermediaries after the statutory amendment and issued an initial exposure draft followed by a revised second exposure draft responding to stakeholder comments. The revised second exposure draft clarifies that the Authority does not mandate percentage limits on banks selling insurance products, signalling a regulatory approach that refrains from imposing numerical caps on bank distribution while framing rules for corporate agents. News - Fri, 24 Jul 2015 17:54:54 +0530 https://www.taxtmi.com/news?id=14753