TA-4.1.3

Location:

Versions

Past version: Effective from 01 Jul 2007 to 30 Sep 2007
To view other versions open the versions tab on the right

Takaful firms must disclose to the CBB 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

Amended: January 2007