Back Custom print Link Text Only Rich Text Print

  • BR-3.2 BR-3.2 Access to Premises

    • BR-3.2.1

      In accordance with Article 114 of the CBB Law, an insurance licensee must permit representatives of the CBB, or persons appointed for the purpose by the CBB to have access, with or without notice, during reasonable business hours to any of its business premises in relation to the discharge of the CBB's functions under the relevant law.

      Amended: January 2007

    • BR-3.2.2

      An insurance licensee must take reasonable steps to ensure that its agents, suppliers under outsourcing arrangements and appointed representatives permit such access to their business premises, to the CBB.

      Amended: January 2007

    • BR-3.2.3

      An insurance licensee must take reasonable steps to ensure that each of its suppliers under material outsourcing arrangements deals in an open and cooperative way with the CBB in the discharge of its functions under the CBB Law in relation to the insurance licensee.

      Amended: January 2007
      Amended: October 2007

    • BR-3.2.4

      The cooperation that an insurance licensee is expected to procure from such suppliers is similar to that expected of the insurance licensee, in the light of the Guidance in Paragraph BR-3.4.3.

      Amended: October 2007