Regulatory Alerts2019-10-22
Added · Updated
Explanatory Note on Licensing Requirements for Banking Sector under Regulatory Regime for Insurance Intermediaries
The Insurance Authority issued this explanatory note on 22 October 2019 to clarify licensing requirements for the banking sector under the regulatory regime for insurance intermediaries. The document serves as Annex 1 to the IA circular and addresses the intersection of banking and insurance product sales. It provides guidance for authorized institutions regarding compliance with insurance intermediary licensing standards.