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 registeredactuaries ,loss adjusters andappointed representatives ).Amended: October 2009
Amended: July 2007AU-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 toapproved persons on a continuous basis; it also applies toinsurance licensees seeking anapproved person authorisation. Chapter AU-4 applies toactuaries ,loss adjusters andappointed 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 registeredactuaries ,loss adjusters andappointed representatives with respect to the amendment or cancellation of their authorised status. Finally, Section AU-6.2 imposes annual fees on licensees and registeredactuaries ,loss adjusters andlicensed principals for their registeredappointed representatives .Amended: October 2009
Amended: July 2007