News

Information gap as advisers and insurers struggle to comply with COFI

Wednesday 20th of April 2022

A recently released Cabinet paper on the progress of the Financial Markets (Conduct of Institutions) Bill, now awaiting its second reading, reveals that while the government has dropped the idea that financial institutions such as insurers should train, manage or supervise the intermediaries selling their products, the requirements won’t be clear until the SOP is released.

But the...

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