Administrative Decision 31 / 2007 Regulating the Requirements of Licensing Insurance Business
Published in Official Gazette No 850 On Date 03 / 11 / 2007
Pursuant to Royal Decree no. 12 / 79 issuing Insurance Companies Law; and
The Royal Decree no. 90 / 2004, transferring the Insurance jurisdiction from the Ministry of Commerce and Industry to the Capital Market Authority; and
The Regulation of the Insurance Companies Law issued by Ministerial Decision 5 / 80,
Ministerial Decision no. 31 / 79 in respect of registration of insurance companies;
The Decision of the Board of Directors of the Capital Market Authority in its meeting held on 14th March 2007; and
In the interest of the public;
It has been decided
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