Regulatory Alerts2022-11-25
Regulations for Industries (Preliminary, Insurance, Retirement Funds, Friendly Societies, Medical Aid Funds)
The regulatory authority issued these preliminary regulations to establish a unified compliance framework for insurance providers, retirement funds, friendly societies, and medical aid funds. The rules mandate standardized reporting, capital adequacy standards, and governance structures across all covered financial sectors. These measures take effect upon publication and apply to all existing and newly registered entities operating within the designated industries.
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