Authorisations

The Commission has today reissued the Code of Corporate Governance (“the Code”) to include an appendix containing principles applicable to Licensed Insurers which come into effect for financial years beginning on or after 1 April 2016. The introduction to the Code contains some minor updates necessary to insert the new appendix but the Code, guidance and the existing appendices 1 and 2 remain...

The Commission has today published a short guide which explains what risk based supervision is and what it means for licensees. Please click here. At its core, risk based supervision accepts the premise that resources are finite, that there is no unlimited pool of public or industry funding on which to draw and that every regulator has to make choices about what it will do and what it will not do...

​ Yesterday an update was rolled out to the Online Submissions Portal to add new forms and improve functionality. The new forms that have been added and are now available to submit online are: 100. Generic Upload 131. Insurance Intermediary Annual Return 201a. Change to Designated Person (Part 1) 201b. Change to Designated Person (Part 2) 203. Change of Name (Registered) 204. Change of Year End or...