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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
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Regulation 203 Co-operation on implementation

(1) The Bank shall co-operate closely with the Commission and other supervisory authorities for the purposes of examining any difficulties which might arise in implementing this Chapter.

(2) In the course of that co-operation the Bank shall examine in particular any practices which might indicate that leading insurance undertakings do not assume the role of the leader in Community co-insurance operations or that the risks covered by such operations clearly do not require the participation of 2 or more insurers for their coverage.

Comparing proposed amendment...