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Conditions for grant of registration

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Full Text of the Document

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....ll exclusively carry on the business for which the registration has been granted and in the manner as specified in these regulations; (2) IWA shall comply with the provisions of the Insurance Act, 1938, IFSCA Act, 2019, applicable laws and any other instructions issued thereunder from time to time by the Authority; (3) IWA shall comply with relevant Know Your Customer (KYC) and A....

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Full Text of the Document

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....cies commensurate with its resources and the number of Authorized verifiers engaged by them; (7) IWA shall under no circumstance undertake multi-level marketing for solicitation and procuring insurance business; (8) IWA shall comply with the Code of Conduct as specified in the SCHEDULE - 16; (9) IWA shall maintain such records and books of accounts as specified in these ....