Regulatory Alerts2021-10-21
Code of Conduct for Authorised Insurance Representatives
The Guernsey Financial Services Commission issued this Code to establish a framework of behaviour for authorised insurance representatives operating in the Bailiwick of Guernsey. It mandates strict adherence to principles of integrity, skill, care, and diligence, while requiring representatives to manage conflicts of interest and maintain appropriate training and competency. The document further sets out specific obligations for gathering customer information, providing clear disclosures, and handling long-term pure protection products.
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