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  • EN-9.2 EN-9.2 CBB Policy

    • EN-9.1.3

      Where the BMA proposes to cancel the registration of an actuary or loss adjuster, it must provide the actuary or loss adjuster concerned reasonable time to object to the proposed cancellation.

    • EN-9.2.1

      The CBB is conscious of the impact of revoking the registration of actuaries, loss adjusters and appointed representatives. Such assessments are carefully reviewed in light of all the relevant facts. In reaching a decision to cancel the registration, the CBB will consider the extent to which the factors set out in Chapter AU-4 have not been met.

      Amended: October 2009
      Adopted: January 2007

    • EN-9.2.2

      The CBB will normally consider as grounds for the revocation of registration the following events affecting an actuary, loss adjuster or appointed representative:

      (a) The conviction by a court, whether in Bahrain or elsewhere, for a crime affecting honesty;
      (b) A bankruptcy declaration by a court of law;
      (c) A court ruling that the actuary's, loss adjuster's or appointed representative's legal capacity is totally or partially impaired; or
      (d) The sanction by a professional body of a fine, suspension, expulsion or censure.
      Amended: October 2009
      Adopted: January 2007