• PINS Part 1.3 PINS Part 1.3 Governing body certification

    Editorial changes (as from 1 January 2015).

    • PINS 1.3.1 Requests for views of insurer's governing body

      (1) The Regulatory Authority may, by written notice given to an insurer, request the governing body of the insurer to give the authority, within a stated reasonable period, its view about—
      (a) the insurer's compliance with any relevant rule or requirement to which the insurer is subject to under QFC law;
      (b) any prudential returns or any other statement or return being true and correct and not false or misleading; or
      (c) any other matter the Regulatory Authority specifies in the request.
      (2) The authorised firm must ensure that the request is complied with.
      (3) The power given by this rule is additional to the Regulatory Authority's other powers.

      Note See eg Financial Services Regulations, art 48 (Powers to obtain documents and information).
      Amended by QFCRA RM/2013-1 and Editorial changes (as from 1st January 2015).