PINS 12.1.3 Compliance with Chapter 12 by insurer directed to go into run-off

An insurer in run-off by virtue of a decision or notice of the Regulatory Authority to the effect that the insurer is to cease to effect contracts of insurance shall comply with this Chapter except to the extent the Regulatory Authority acting under its powers in the FSR directs otherwise.

Amended by QFCRA RM/2015-3 (as from 1st January 2016).