5. The branch registration shall be renewed under an application to be submitted to the IA after ensuring that the Insurance Broker has continued comply with the provisions of these Regulations and full payment of the prescribed annual renewal fees. 957 (pd 957) and batas pambansa blg. Any party with interest may object to the merger process within three months from the date of its publication in the Commercial Register. An Insurance Broker may combine the Insurance Brokerage operations in accordance with the provisions set forth herein and the re-insurance brokerage operations, subject to not combining both roles (insurance broker and re-insurance broker) for the same transaction and for the same party he works for. 20. No one may combine two jobs of the jobs approved by the IA at the same time. The merged Insurance Broker shall comply with the following: a) Implementation of the merger resolution and the issuance of a resolution to dissolve the Insurance Broker within three months after the date of publication in the Commercial Register, provided that the actual date of Insurance Broker s dissolution and merger shall be published in two widely distributed daily newspapers, at least one of them in Arabic language. Training and Emiratization plan for AUE nationals. THE AUTHORITY S BOARD OF DIRECTORS DECISION NO. The Insurance Broker may request the closure of a branch, and the IA shall issue its decision approving the closure of the branch within 20 working days as from the date of submitting the complete application to the IA. The appointment of an officer in charge of the branch who must satisfy the conditions stipulated in the rules issued by the Director. To comply with any additional conditions or requirements determined by the IA. Such account shall be subject to audit by the IA. 631) The Regulation on the Credit Reporting Industry, as adopted at the 228th session of the executive meeting of the State Council on December 26, Swedbank P&C Insurance AS general terms and conditions of insurance contracts 3 This is a translation. Swedbank P&C Insurance AS 01 March, [This translation is provided for guidance. Confidentiality...3 B.2. Once the application for license is approved, the Insurance Broker shall be registered in the IA's Insurance Brokers Register. 3. 8 of 2004 concerning the Financial Free Zones. the majority of the Board of Directors must hold the nationality of the State. Cancellation of the accreditation in case of serious breach of the Law, regulations, instructions, resolutions or circulars issued by the IA. FINANSTILSYNET Norway Translation update January 2013 This translation is for information purposes only. 19:11 . The responsibilities and authorities of the Insurance Broker regarding the claim procedures for compensation which may be entitled by a Client who reports an insured accident. Article (4) Chairman of the Board of Directors A. Temporary Suspension and Cancellation of the License Article An Insurance Broker wishes to temporarily suspend the activity practice, or an Insurance Broker having a contingent reason preventing it from practicing the activity, must submit an application to the IA to temporarily suspend the activity practice and to continue practicing the activity until the IA's decision is issued. The governing text is the Arabic text.] As for the branch of a foreign company or companies incorporated in any financial free zone, the insured sum under the policy may not be less than (AED 3,000,000) three million Dirhams, provided that the deductible amount may not exceed (AED 50,000) fifty thousand Dirhams per accident. e) The agreed commission for the Insurance Broker, how it is calculated, when its due date for payment and its collection procedures. Restricted Transfers of Borrowed Securities... 15 6. Translated from Chinese Order of the State Council (No. 5 1. of 28 November 2007 on Insurance and on amendments and supplements to certain laws, as amended by Act No 270/2008 Coll., Act No 552/2008 Coll., Act. Suspend the Insurance Broker from practicing the activity for maximum period of one year. GENERAL PROVISIONS Article 1 This Law governs the status, organization, powers, General Government Terms and Conditions for Public Service Contracts 2011 (ARVODI 2011) Adopted by order of the Prime Minister, Minister of General Affairs, of 7 June 2011, no. 340/2005 Coll. 6 of 1985 concerning Islamic Banks, Financial Institutions and Investment Companies; - The Federal law No. 66/2014 To Promulgate the Consumer Protection Law 4 We, Qaboos Bin Saed The Sultan of Oman. The Insurance Broker shall maintain the confidentiality of conditions, rates, information and data obtained from the Company and not to disclose such information to other companies. 11. Individuals to be appointed in the technical and administrative staff must satisfy the following conditions: a) Be a natural person with a full legal capacity. c) Internal controller. Alternatively, a Shareholders' Resolution is used by shareholders in a corporation to propose amendments, decisions, or changes to the corporation at a shareholders' meeting. 6. 14/2015) (Unofficial Translation), General Government Terms and Conditions for Public Service Contracts 2011 (ARVODI 2011), KINGDOM OF SAUDI ARABIA. Conditions for Issuing the Professional Indemnity Policy The Professional Indemnity Policy shall be: Article 12. Its mission is to ensure an orderly resolution of failing banks with minimum impact on the real economy, the financial system, and the public finances of the participating member states and beyond. 2535 (1992) BHUMIBOL ADULYADEJ. As used in this chapter: 1. Financial Consumer Protection in the Kingdom, Producer Requirements Page 1 TEXAS FAIR PLAN PRODUCER REQUIREMENTS AND PERFORMANCE STANDARDS The following Texas FAIR Plan Association ( Association ) requirements and producer performance standards (, AMIRI DECREE ORGANIZING KUWAIT STOCK EXCHANGE Having perused the Constitution and Law No. of the resolution herein before the Board within (15) days as from date of notification of such decision. 23 of 2009 concerning Supervision, Control and Insurance Transactions Fees; - Ministry of Economy Resolution No. In addition, certain board resolutions serve as proof of compliance. The IA may reject or approve the application for suspension after meeting all the requirements deemed appropriate by the IA in a manner achieving the interests of companies, clients and beneficiaries, provided that the suspension period may not exceed 3 months as from the date of approval thereon. The Guide shall be updated and reviewed periodically as appropriate to the nature of the Insurance Broker business and according to the applicable rules in this regard. 4. 2. 5. Insert its name and registration number with the IA on all its papers, correspondence and documents in both Arabic and English languages. b) The organizational structure of the Insurance Broker showing the actual functions, responsibilities and powers of directors and other employees working for the Insurance Broker. In addition to the above, a branch of a foreign company, or a branch of a company incorporated in a financial free zone shall submit the following: a. This report shall include all Insurance Brokerage business performed during the year, the accounts related thereto, the closing accounts and the annual balance sheet; and shall enclose a copy of the Insurance Brokerage agreements that have been concluded with companies. Inform the IA of the content of advertising campaigns to promote its services before presenting to the public. Senate Bill 198 – Protection of Drought-Resistant Landscaping and Water-Conserving Natural Turf. REX., Given on the 4 th day of April, B.E. c) To notify the IA of any changes occurring to it financial liability, and to providing submit a statement showing the rights and obligations of companies, clients and beneficiaries towards it duly audited as of the date of application until the day preceding the actual dissolution of the Insurance Broker and implementation of the merger resolution. : The Director General of the Insurance Authority. 6 of 2007 concerning the Establishment of the Insurance Authority and the Regulation of Insurance operations ; - Cabinet Resolution No. Engineer Sultan bin Saeed Al Mansoori Chairman of the IA Board of Directors Issued in Abu Dhabi on: 04 Thul Hijja October 2013, English Translation of Finance Companies Control Law Article 1 Introductory Chapter Definitions The following terms and phrases wherever mentioned in this Law shall have the meanings assigned thereto unless, Board of Directors Decision No. 8. Full payment of the prescribed fees must be made. Within 15 (fifteen) days from the date of the conclusion of the Meeting of the Board or the Committee, The draft Minutes thereof shall be circulated to all the directors of the Board or the committee for their comments. 2. The cancelation of the license shall entail the following: a. 3. APPLICATION FOR MEMBERSHIP, Law of the Republic of Azerbaijan on Non-Banking Credit Institutions, NEBRASKA PROPERTY AND LIABILITY INSURANCE GUARANTY ASSOCIATION ACT, Securities Businessperson (Stock Broker, Securities Dealer and Market Maker) Regulations, 2064 (2008), THE OFFICIAL GAZETTE 10 TH JUNE, 2010 LEGAL SUPPLEMENT A, Regulations on Administration of Insurance Salespersons 保 险 营 销 员 管 理 规 定. (1), Offenders Rehabilitation Services Act (Act No. 8 of 2004 concerning the Financial Free Zones; - Cabinet Resolution No. e. The dissolution and liquidation of the Insurance Broker. The insured sum under the policy may not be less than (AED 2,000,000) two million Dirhams for companies incorporated in the UAE, provided that the deductible amount may not exceed (AED 30,000) thirty thousand Dirhams for each accident. 1 of 1972 concerning the Functions of Ministries and the Powers of Ministers, and the amending laws thereof; A true copy of the agreement concluded between the license applicant and a bank operating in the state concerning the account designated for Insurance Brokerage activity. appointments of directors or liquidators made at the meeting are deemed to be valid. (15) of 2013 Concerning Insurance Brokerage Regulations as amended and related Decisions; Board of Directors’ Decision No. However, the Insurance Broker may not use the collected premiums for any other purpose. 5. Both the merged and merging Insurance Brokers shall continue practicing their activities normally until the decisions of the IA and the competent authority are issued approving the merger. Refrain from obtaining any interests on the funds deposited in the account of the Insurance Brokerage business, or from holding such funds in the form of time deposits, or to obtain credit facilities or bank loans secured by such funds. The financial year shall commence on the first day of January and ends on the thirty-first day of December every year, provided that the balance sheet and the closing accounts are prepared in the UAE Dirham. %PDF-1.5
and the President has proclaimed the following Law: Insurance Authority. TorGorKhor 2/2551 re: Trading Platform Officers ******************** By virtue of clause 7 of Regulation of the Board of Directors, Federal Law No. dated 23 June 2005 on insurance mediation and resinsurance mediation and on amendments to certain laws, as, GENERAL TERMS AND CONDITIONS Contents A. Consult the original text before relying on this translation. 3. The Single Resolution Board is the central resolution authority within the Banking Union. An Insurance Broker shall also notify the IA once any of the approved jobs becomes vacant and an alternative is appointed until such vacant job is permanently filled within a maximum period of 60 business days from the date of vacancy. 6 of 2002 concerning Anti- Money Laundering; - The Federal law No. c. The new branch shall operate under the direct supervision of the General Director or Chief Executive Officer in the headquarters of the Insurance Broker. 3. (Financial Supervision Act), GENERAL TERMS OF ORDERS AND DEFINITIONS FOR A PROFESSIONAL INVESTOR. 66 of May 2, 1991) Table of Contents Chapter I General Provisions (Articles 1 and 2) Chapter II Regulation of Commodity Investment, RULES OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE DIVISION OF INSURANCE CHAPTER 0780-01-41 TENNESSEE CAPTIVE INSURANCE COMPANIES TABLE OF CONTENTS 0780-01-41-.01 Purpose and Authority 0780-01-41-.11, ACT ON COLLECTIVE INVESTMENT The full wording of Act No. Notify the Client of all the details of the insurance policy in terms of insurance cover, coinsurance rate (deductible), if any, the amount of liquidation prior to the scheduled maturity or before the insured risk is realized, or any other conditions, exclusions or restrictions of the insurance policy. Chapter VIII Control and Penalties Control and Inspection Article The IA shall conduct regular and surprise inspection and control visits without prior notice to Insurance Brokers in order to ensure their compliance with the Law, regulations, instructions, resolutions, rules or circulars issued by the IA, and to investigate any violations revealed by such inspections or contained in the complaints received by the IA. 13. h. The volume of premiums achieved by the Insurance Broker during the fiscal year preceding the application for approval must be at least AED 3,000, The legal representative of the Insurance Broker shall apply for branch opening using the form designated for this purpose enclosing the supporting information, data and documents, as well as a proof of full payment of the prescribed fees. Issued on 7/11/2010. Application for License Article 7 The application of a license to practice the activities of Insurance Brokerage shall be submitted to the IA according to the designated form enclosing information, data and documents supporting the application for license, particularly: 1. Application of the rules PART II - DUTIES OF AN INSURANCE AGENT 4. (a Delaware nonprofit, non-stock corporation) Bylaws ARTICLE I NAME AND PURPOSE, REGULATION ON INDEPENDENT AUDITING IN INSURANCE AND REINSURANCE COMPANIES AND PENSION COMPANIES, SWEDBANK AS TERMS AND CONDITIONS FOR PAYMENT CARDS SERVICING Valid from 01.12.2014, R590-238-5. The name of the Corporation is Society for Foodservice Management, REGULATION ON INDEPENDENT AUDITING IN INSURANCE AND REINSURANCE COMPANIES AND PENSION COMPANIES Official Gazette of Publication: 12.07.2008-26934 Issued By: Prime Ministry (Undersecretariat of Treasury), SWEDBANK AS TERMS AND CONDITIONS FOR PAYMENT CARDS SERVICING Valid from 01.12.2014 1. 15 of 2013 Concerning Insurance Brokerage Regulations The Chairman of the Insurance Authority, Having perused: - The Federal Law No. Dept, Not an Official Translation Translation by Financial Markets International, Inc., with funding by USAID. LIFE INSURANCE ACT B.E. Regulations of Insurance Agents Business; Board of Directors’ Resolution No. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
Purpose Section 1, The Central Bank of Bahrain and Financial Institutions Law. Dated 25/6/2006 A.D. 2. Note: This is only a rough translation, Arabic is prevails 1, CODE OF LAW PRACTICE Royal Decree No. (Informal Translation) Chapter One. The validity period of the first license shall be from the date of issuance through the end of December of the same year. THE OFFICIAL GAZETTE 10 TH JUNE, 2010 LEGAL SUPPLEMENT A GUYANA ACT No. 4. "Actuary" means a person who is a member in good standing of the American academy of actuaries. (Effective 8-25-08) R590-238-1. 6. Powers of Board.—In addition to the powers specified under sub-section (3) of section 179 of the Act, the following powers shall also be exercised by the Board of Directors only by means of resolutions passed at meetings of the Board.— 15 of 2013 concerning Insurance Brokerage Regulations The Director General of the Insurance Authority, Having perused: ‐ The Federal Law No.1 of 2002 concerning the Criminalization of Money Laundering; Insurance Authority Board of Directors Resolution No. Submit all customer information and data which may affect the decision to be taken by the Company regarding the insurance cover, rates and conditions, in order to enable the Company to assess the risks to be insured or to renew its insurance. 1 of 1972 concerning the Functions of Ministries and the Powers of DECISION NO (94/R) OF 2005 CONCERNING THE LISTING OF DEBT SECURITIES The Chairman of the Board of Directors of the Stocks and Commodities Authority has, After pursuing the provisions of Federal Law No. (1) The commissioner may limit the net amount of risk a captive insurance company retains for a single risk after, RULES OF THE ORANGE COUNTY BAR ASSOCIATION LAWYER REFERRAL & INFORMATION SERVICE. Royal Decree No. The importance of being able to work remotely has been emphasized more so than ever in the early-2020 period. 4. �oe�3⫷j�1zw�v��\�?�M,� X����(� ���^�X����>��. : Any financial free zone established in the UAE pursuant to the provisions of the Federal Law No. 7. 7. 6. 14. Nebraska Property and Liability, March 2014 HSBC Bank Middle East Limited - PERSONAL LOAN AGREEMENT HSBC Bank Middle East Limited Personal Loan Agreement Copyright. Takaful Insurance Regulations, ON CIRCULATION OF CREDIT INFORMATION AND ACTIVITIES OF CREDIT BUREAUS THE REPUBLIC OF ARMENIA LAW, Law On Supervision of Cooperative Insurance Companies, Securities Lending and Borrowing: [1] General Procedures [2] SLB Rules. 12 c) Any other reports or statements required by the IA. 44-2402. No. Federal Law no. 6. Short title PART I - PRELIMINARY 2. Application, FINANCIAL SERVICES FIRMS RULE BOOK Issued by the Board of Directors of Qatar Financial Markets Authority (QFMA) In its Second Meeting of 2009 on the 4 th of May 2009 CHAPTER ONE DEFINITIONS Article 1 In, THE CERTIFIED PUBLIC ACCOUNTANTS LAW (As amended, last amendment being on July 26, 2005) CHAPTER I CHAPTER II CHAPTER III CHAPTER IV CHAPTER V CHAPTER V-II CHAPTER VI GENERAL PROVISIONS CPA EXAMINATION, Unofficial translation No. Dispute Resolution Article 20 The companies, clients, beneficiaries and Insurance Brokers may submit complaints to the IA to take the appropriate decisions thereon pursuant to the applicable procedures of the IA. 2. Version 1.0, Act on Insurance Mediation and Reinsurance Mediation, Act on the Supervision of Financial Institutions etc. Companies (Meetings of Board and its Powers) Rules, 2014 [Effective from 1st April, 2014] Rule 8. 4. An internal control system to ensure the sound application of law, regulations, instructions, resolutions and circulars issued thereunder must be provided. General Provisions Section 1. 14. Please refer to the Gazette of India for the authentic text. : The Federal Law No. Contents of the Contract Savings for child s future is a unit-linked. CONFIDENTIALITY, NAME, INTELLECTUAL PROPERTY AND TAX EXEMPT STATUS OF THE WTO...3 B.1. Chapter VII Merger and Settlement of Disputes Merger of Insurance Brokers Article 19 Subject to merger provisions stipulated in the Commercial Companies Law, the following provisions shall apply in case of the merger of Insurance Brokers licensed to operate in the UAE: 1. 3 2006 ) Reviewed and adopted at the Chairman Meeting of the China Insurance Regulatory Commission on March, Insurance Law No. b. Maintain the records, documents, accounts and financial statements that show the Insurance Broker's financial position, transactions, Insurance Brokerage agreements concluded with companies, authorizations issued by Clients, Clients' data, copies of insurance policies issued to such clients, and any other documents or data related to the practice for a period of 10 years, provided that back-up copies of all such statements and documents are maintained for the same period in order to protect the clients data and transactions against any causes of damage. resolution no. 8788, dated May 7, 2001 ON NON-PROFIT ORGANIZATIONS In reliance on articles 78 and 83 point 1 of the Constitution, on the proposal of Council of the Ministers, THE ASSEMBLY OF THE REPUBLIC OF ALBANIA, Disclaimer: The following English version of the Trade Insurance Act is for reference purposes only. 4. Deposit insurance premiums collected by the Insurance Broker in the cases where it is permitted to receiving such premiums in the account designated for the practice of Insurance Brokerage. It shall remain in force throughout the period of dealing with the respective Company, and shall include the rights and obligations of each party in conformity with the provisions of these Regulations, particularly the following: a) The duration of the agreement and as well as the way and reasons for its terminated; b) Types and classes of insurance subject of brokerage; c) Geographical territory ; 13 d) A provision authorizing the Insurance Broker to receive the premiums in favor of the Company in cases where the Insurance Broker is permitted to collect the premiums. The IA may subject its approval to grant the license to the conditions and restrictions at the discretion of the IA, or may suspend the granting of licenses due to the requirements of the public interest for the period it deems suitable. The IA shall issue its decision approving or rejecting the application for license within a maximum period of 20 working days as from the date of submitting the complete application. The authorization shall particularly include the following: a. 15 of 2013 Concerning Insurance Brokerage Regulations. 20/1996. f) Clients' complaints recording system. A professional liability insurance policy in favor of the IA must be submitted in accordance with the terms and conditions referred to herein. In case of disposal of any assets due to an urgent cause, the Insurance Broker shall notify the IA of such disposal immediately as occurred. 3132081 I General Article, GOVERNMENT NOTICE NO. (M/38) 28 Rajab 1422 [ 15-October 2001] Umm al-qura No. 4. LAW ON PROVIDING FAST MONEY TRANSFER SERVICES (unofficial fair copy) 1 I. An official certificate issued by a competent authority indicating the company s incorporation, registration and licensing to practice the activity of Insurance Brokerage in the types and classes of insurance to exercise within the state. 6. Development of written internal bylaws within 3 months from the date of obtaining the license, and providing the IA with a copy thereof, subject to amendment such bylaws in accordance with any amendments made to the Law, regulations, instructions, resolutions and circulars issued by the IA and notifying the IA thereof. 10. Resolution No. The merged and merging Insurance Brokers shall be inspected to verify all data, information, obligations and rights related to any of them, and a report thereon shall be prepared. 1 0 obj
7/T/R/Ain) of 2007 Issued by the Board of Directors of the Palestine Capital Market Authority Pursuant to the Provisions. c. No application for license may be submitted before the lapse of 3 years from the date of issuing the license cancelation decision. Use of the name, logo or official seal. 9. In no event, Senate Bill 347 By: Senator Bethel of the 54th A BILL TO BE ENTITLED AN ACT 1 2 3 4 5 6 To amend Title 33 of the Official Code of Georgia Annotated, relating to insurance, so as to provide for extensive, Act on Insurance Full wording of Act No 8/2008 Coll. g. Obtain the approval of the competent authority in the relevant Emirate. 1 of 1972 concerning the Functions of Ministries and the Powers of Ministers, and the amending laws thereof; - The Federal law No. b) Authorization to the Insurance Broker to receive indemnities payable to clients or beneficiaries to be paid to the entitled recipients. any of the following director/Authorised signatories of the company are hereby authorized, singly / jointly, on behalf of the company to sign, submit and execute the Agreement and other required applications, letters, documents, deeds and writings and do all such acts, deeds and things as may be required in this regard to implement and give effect to this resolution: From the top hierarchy of directors to potential stakeholders everyone participates in taking decisions of the company. An Insurance Broker shall notify the IA of the appointment of any certified employees, and of any modification or alteration that may arise regarding their transfer or termination, stating the reasons thereof. The Insurance Broker s Obligations towards the Company Article 15 The Insurance Broker shall comply with the following obligations towards the Company: 1. Inform the Client in writing 20 days before the expiry date of the insurance policy so that the Client can expresses his/her desire in writing regarding the following: a) Renewal of the insurance policy with the same Insurance Broker or not. 3. 24 OF 1961 (1) ON INSURANCE COMPANIES AND AGENTS Acting upon the recommendation of the President of Finance and Economy and after the approval of the Supreme Council, WE, ABDULLAH, THE AUTHORITY S BOARD OF DIRECTORS DECISION NO. To Promulgate the Consumer Protection Law. In case of dispute the Estonian terms and conditions are valid. 3104145 (Government Gazette, KINGDOM OF SAUDI ARABIA Capital Market Authority CREDIT RATING AGENCIES REGULATIONS English Translation of the Official Arabic Text Issued by the Board of the Capital Market Authority Pursuant to its Resolution, HOUSTON LAWYER REFERRAL SERVICE, INC. Insurance, Administration. Republic of Macedonia LAW ON MANDATORY FULLY FUNDED PENSION INSURANCE, [This translation is provided for guidance. 61/2005, 116/2008 and 91/2010) I. The new Insurance Broker shall be incorporated under the provisions of the Commercial Companies Law. The Insurance Brokerage activity may not be practiced unless such policy is available and valid. description: r 775 s 2004: approving the deletion of item 4 of board resolution no. With that necessity, the release of the Insurance Authority (‘IA’) Board of Directors’ Resolution No. Terms, defined. A Directors' Resolution form is used by the board of directors in a corporation to document decisions and actions (typically) in place of a directors' meeting. Any other documents and statements required by the IA. The legal form of the license applicant, along with a report listing the names of the partners, board members or board of directors or management board and the executive management. The IA shall issue its decision approving or rejecting the opening the branch within 20 working days as from the date of submitting the complete application to the IA. b. ), TENNESSEE CAPTIVE INSURANCE COMPANIES CHAPTER 0780-01-41, Insurance Consumer Protection Principles. 9. : The Insurance Authority s Board of Directors. Preamble ARTICLE (1) DEFINITIONS, Not an Official Translation On Procedure of Coming into Effect of the Law of Ukraine On State Regulation of the Securities Market in Ukraine, INTERNATIONAL COLLECTIVE INVESTMENT SCHEMES LAW, CHAPTER 26.1-31.1 REINSURANCE INTERMEDIARIES, The Law of the Republic of Azerbaijan on Non-Bank Credit Institutions, Chapter one: Definitions.