Enforcement Action

Enforcement Action: Administrative Penalty $1,400.00
Name of Entity: Reinsurance Solutions Ltd.
Date of Action: 17/02/2017

An administrative penalty in the amount of $1,400.00 was imposed on Reinsurance Solutions Ltd. pursuant to sections 37(1)(a)(i) and 37(2)(f) of the Financial Services Commission Act, 2001 for its contravention of regulation 2A (ii) of the Financial Services Commission (Fees) Regulations, 2010.