Regulatory Alerts2020-07-28
FSCA Draft Conduct Standard on Third-Party Cell Captive Insurance Business
The Financial Sector Conduct Authority published a revised draft Conduct Standard to establish compliance requirements for third-party cell captive insurers. The standard addresses identified market conduct and supervisory risks by prescribing specific operational obligations for the cell captive business model. Stakeholders may submit written comments using the attached template on or before 22 September 2020 via the FSCA website.
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