... application consists of a written request for accession accompanied by a full set of assessment documentation as set out in Part C below and copies of all relevant supporting laws, rules and regulations. It should identify and explain the applicant’s legal authority to meet the specific MMoU provisions which...

... Investment Entrant Scheme (“CIES”), then the intermediary must explain these to the full satisfaction and understanding of the applicant(s) prior to signing. All applicant(s) must sign and date at the bottom of “Section I: Disclosure Declaration”. 3) The applicant(s) must then tick one out of box A, B or C...

... uncertainty, emanating from business operations, investments, reinsurance arrangement or financing activities, over whether the authorized insurer will have the ability to meet payment obligations in a full and timely manner in current or stressed environments. 7.8.3 The liquidity policy of an authorized...

...  Phase IV will be the implementation phase. The new RBC regime should be rolled out in phases with a sufficiently long run-in period, 2 so that insurers will have adequate time to understand the requirements thoroughly, and be able to achieve full compliance incrementally. 4. We have engaged stakeholders...