Article 31-1. Notification of approval of financial products by an insurance (reinsurance) organization of the Law on Insurance Activities

Home / RLA / Article 31-1. Notification of approval of financial products by an insurance (reinsurance) organization of the Law on Insurance Activities

An insurance (reinsurance) organization shall notify the authorized body of the approval of financial products by the body of the insurance (reinsurance) organization authorized to approve financial products within ten working days from the date of their approval.

The list of financial products that an insurance (reinsurance) organization notifies the authorized body of, the procedure for notifying the authorized body of the approval of financial products by an insurance (reinsurance) organization, as well as the list of documents attached to the notification and information on approved financial products specified in the notification, are determined by regulatory legal acts of the authorized body.

The Law of the Republic of Kazakhstan dated December 18, 2000 No. 126.

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