CAPI 10.2.3 Firms must notify Regulatory Authority — events and decisions
(1) A firm to which this division applies must, by written notice, tell the Regulatory Authority about an event or decision in rule 10.2.2 (a) or (b).
(2) The notice must be given within 28 days after—
(a) the firm, or cell or long term insurance fund that it maintains, goes into run-off; or
(b) the firm makes the decision to go into run-off or place the cell or long term insurance fund into run-off.
|Derived from QFCRA RM/2011-1 (as from 1st July 2011)|