Enforcement Action

Enforcement Action: Revocation of a Licence
Name of Entity: Eleuthera Insurance Limited
Date of Action: 31/03/2017

A notice of revocation of licence was issued to Eleuthera Insurance Limited pursuant to sections 37(2)(a) and 38(1)(a) of the Financial Services Commission Act, 2001, for its contravention of sections 33 and 57(1) of the Insurance Act, 2008 and of regulation 2A (ii) of the Financial Services Commission (Fees) Regulations, 2010.