Name | Criteria for issuance of a permanent license to operate Insurance Business |
Description | An individual or legal entity, whether a domestic or foreign organisation operating an insurance business shall do so in accordance with the relevant laws during the 1 year period in which it is initially issued a temporary operating license in order to be granted a permanent licence by the Insurance Management Department within the Ministry of Finance. |
Comments | - |
Validity From | 21-03-2016 |
Validity To | 31-12-9999 |
Reference | Article 7 |
Status | Active |
Measure Type | Licensing (based on experience, track record, technical requirements, and/or other) |
Agency Name | Ministry of Finance |
Legal Document | Ministerial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016 |
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