Rules of Insurtech

Release Date:	1445-01-08
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	1/s/445
Validity:	Valid
Summary:	By AI The Central Bank issued the Insurtech Rules pursuant to the Governor's decision, based on its authority under the Cooperative Insurance Companies Control Law. The rules include definitions, objectives, and scope of application, in addition to provisions on business practice, licensing, and qualification. Insurtech companies are required to comply with relevant regulations, such as the Anti-Money Laundering Law, the Personal Data Protection Law, and information security requirements. The rules al...

Release Date:

1445-01-08

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

1/s/445

Validity:

Valid

Summary:

By AI

The Central Bank issued the Insurtech Rules pursuant to the Governor's decision, based on its authority under the Cooperative Insurance Companies Control Law. The rules include definitions, objectives, and scope of application, in addition to provisions on business practice, licensing, and qualification. Insurtech companies are required to comply with relevant regulations, such as the Anti-Money Laundering Law, the Personal Data Protection Law, and information security requirements. The rules al...