RegAlert

Rule · FSC · 24 Oct 2020

Insurance (Risk Management)(Amendment) Rules 2020

insurance
resilience

The Financial Services Commission issued these rules to amend the Insurance (Risk Management) Rules 2016 by replacing specific numerical references with the figure “6” in Rules 3 and 5. The updated provisions take effect on 24 October 2020 under the authority of the Insurance Act and Financial Services Act. These targeted adjustments ensure consistent regulatory thresholds without altering substantive risk management obligations.

MauritiusFinancial Services Commission Mauritius

874 Government Notices 2020
Government Notice No. 264 of 2020 INSURANCE ACT FSC Rules made by the Financial Services Commission under
section 130 of the Insurance Act and section 93
of the Financial Services Act

  1. These rules may be cited as the Insurance (Risk Management)
    (Amendment) Rules 2020.
  2. In these rules, “principal rules” means the Insurance
    (Risk Management) Rules 2016.
  3. The principle rules are amended –
    (a) in Rule 3, paragraph (3) by deleting the figure “3” and replacing same by the figure “6” ; (b) in Rule 5, paragraph (7) by deleting the figure “3” and replacing same by the figure “6”.
  4. These Rules shall come into operation on 24 October 2020.
    Made by the Financial Services Commission on 24 October 2020. OliImac2 / Govt Notices 2020 / FSC / The Insurance (Risk Management) (Amendment) Rules 2020 1 Proof - 25.10.2020

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Insurance (Risk Management) Rules2016Not in RegAlertInsurance (Risk Management) Rules 2016 — Not in RegAlertInsurance (RiskManagement)(Amendment) Rules …2020-10-24 · this documentInsurance (Risk Management)(Amendment) Rules 2020 (2020-10-24)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Amends
  • Insurance (Risk Management) Rules 2016Not in RegAlert

    “In these rules, “principal rules” means the Insurance (Risk Management) Rules 2016.”

More like this from FSC

We email you every new FSC publication the day it's published.

Source: Financial Services Commission Mauritius — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated