CAPI 10.2.4 Run-off plan — firm decides to go into run-off

(1) If a firm decides to go into run-off, or to place a cell or a long term insurance fund into run-off, the firm must give the Regulatory Authority a written run-off plan for the captive insurance business, cell or long term insurance fund being placed into run-off.
(2) The run-off plan must be given at the same time the notice in rule 10.2.3 is given.
Derived from QFCRA RM/2011-1 (as from 1st July 2011)