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FAQs

 

Does the FSC issue certificates of good standing relating to insurance companies vis-a-vis their compliance with insurance regulations?

No, however, the FSC may provide pursuant to the Insurance Act, 2008, information that is considered public information to the general public.

The FSC may also provide to persons entitled to receive information where there are any regulatory issues with respect to a particular licensee - international cooperation.

What information is required for approval of the appointment of directors/senior officers of licence holders?

Documentation required for the appointment of a director/senior officer:

  • Two character references
  • A police certificate/affidavit as to non-criminal record
  • A completed personal questionnaire
  • Notarized copy of individual passport identification page(s)
  • Complete resume

What is an Authorised Agent?

An Authorised Agent is a person designated by a bank to act as an intermediary between the licence holder and the Commission.

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