Regulatory Alerts2023-01-01
Chairman's Decision No. (1471) of 2023 on the Reconstitution of the Consulting Insurance Experts Registration Committee
The Financial Regulatory Authority issued Chairman's Decision No. 1471 of 2023 to reconstitute the Consulting Insurance Experts Registration Committee under Dr. Aslam Azzam, formally appointing six designated experts and regulatory officials to its membership. The reconstituted committee will issue binding decisions by a majority vote of attending members, with all outcomes recorded in minutes approved by the chair. This decree immediately repeals the prior Decision No. 1551 of 2023, takes effect upon issuance, and mandates all competent authorities to implement its provisions according to their respective jurisdictions.
Share