ES-A.1.5
To carry out its responsibilities in relation to the insurance sector, the CBB has four supervisory objectives, namely to:
(a) Promote the stability and soundness in the insurance system;
(b) Provide an appropriate degree of protection to insurance company policyholders ;
(c) Promote transparency and market discipline; and
(d) Reduce the likelihood of insurance licensees being used for financial crime (including money laundering activities).
Amended: January 2007