Regulatory Alerts2025-06-11
Central Bank of Liberia Issuance Bond Directive
The Central Bank of Liberia mandates that all bond-issuing insurance companies must obtain written clearance from the Insurance Department before issuing court bonds in Liberia. Insurers are required to submit notarized, certified audited financial statements and an updated listing of outstanding bonds for verification and assessment. Upon meeting these requirements, the Central Bank issues a Certification of Assets based on the insurer's cumulative bond totals, with this directive taking immediate effect.
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