Law Statutes

Back

Board of Directors Resolution No. 15 of 2013 Concerning Insurance Brokerage Regulations

06-03-2019

The Chairman of the Insurance Authority,
Having perused:

  • The Federal Law No. 1 of 1972 concerning the Functions of Ministries and the Powers of Ministers, and the amending laws thereof;
  • The Federal law No. 8 of 1984 concerning Commercial Companies, and the amendments thereto;
  • The Federal law No. 6 of 1985 concerning Islamic Banks, Financial Institutions and Investment Companies;
  • The Federal law No. 6 of 2002 concerning Anti- Money Laundering;
  • The Federal law No. 8 of 2004 concerning the Financial Free Zones;
  • The Federal law No. 6 of 2007 concerning the Establishment of the Insurance Authority and the Regulation of Insurance operations ;
  • Cabinet Resolution No. 28 of 2007 concerning the Implementing Regulations of the Federal Law No. 8 of 2004 concerning the Financial Free Zones;
  • Cabinet Resolution No. 23 of 2009 concerning Supervision, Control and Insurance Transactions Fees;
  • Ministry of Economy Resolution No. 543 of 2006 concerning the Regulations of the Insurance Broker Profession Practice;
  • Insurance Authority Board of Directors Resolution No. 2 of 2009 concerning the issuance of the executive regulations of the Federal Law No. 6 of 2007 concerning the Establishment of the Insurance Authority and organization of Insurance operations; and
  • Based on Director General’s presentation and the approval of the Board of Directors;

Read More