TA-4.1.3
Takaful firms must disclose to the BMA material information about changes in their situation including (but not limited to):
(a) significant breaches in regulations;
(b) Civil, criminal, and disciplinary procedures, fraud, errors and other irregularities;
(c) financial difficulties, breach of minimum solvency requirements, insolvency, bankruptcy, winding-up;
(d) changes in auditors and actuaries:
(e) changes in address, legal status etc.; and
(f) changes in controllers and close links .
Rulebook Reference | BR-2.2.4 BR-2.2.6 to BR-2.2.8 BR-2.2.11 BR-2.3.29 BR-2.3.3 and BR-2.3.4 BR-2.3.7 |