Corporate Governance Requirements for Insurance Intermediaries

Closed 31 Jan 2019

Opened 9 Nov 2018

Feedback Updated 25 Mar 2019

We Asked

Our consultation paper outlined proposals for enhancements to the Authority’s existing regulatory framework in relation to corporate governance requirements for general insurance intermediaries (“intermediaries”) and included a draft Governance Code.

You Said

We received 4 response from interested parties. 

We Did

We will take account of feedback in when incorporating the governance requirements proposed in CP18-07/T08 into consolidated regulatory requirements for intermediaries, which will be subject to further consultation in due course. 

Overview

This consultation sets out proposed new requirements in the area of corporate governance for general insurance intermediaries.

Why We Are Consulting

The purpose of this consultation is to seek the views of general insurance intermediaries and other interested parties on the Authority’s proposals in respect of corporate governance for general insurance intermediaries.

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