• AU-B.2 AU-B.2 Authorised Persons

    • AU-B.2.1

      Various requirements in Chapters AU-2 to AU-5 inclusive also apply to persons once they have been authorised by the CBB (whether as licensees, approved persons or registered actuaries, loss adjusters and appointed representatives).

      Amended: October 2009
      Amended: July 2007

    • AU-B.2.2

      Chapter AU-2 applies to insurance licensees (not just applicants), since licensing conditions have to be met on a continuous basis by licensees. Similarly, Chapter AU-3 applies to approved persons on a continuous basis; it also applies to insurance licensees seeking an approved person authorisation. Chapter AU-4 applies to actuaries, loss adjusters and appointed representatives that are either registered by the CBB or are seeking to be registered by the CBB. Chapter AU-5 contains requirements applicable to licensees, with respect to the starting up of their operations, as well as to licensees, approved persons and registered actuaries, loss adjusters and appointed representatives with respect to the amendment or cancellation of their authorised status. Finally, Section AU-6.2 imposes annual fees on licensees and registered actuaries, loss adjusters and licensed principals for their registered appointed representatives.

      Amended: October 2009
      Amended: July 2007