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The Insurance Services and Other Related Matters (Amendment) Law 2011
25.03.2011
Area(s) of Practice: Corporate and Commercial Law

"The Insurance Services and Other Related Matters (Amendment) Law 2011"

The basic legislation is amended so as to accelerate the time of submission of the annual financial statements of the insurance companies to the Superintendent of Insurance Services. This measure is expected to facilitate the prompt audit of the accounts and will, in addition, make the timing of the submission more consistent with the relevant provisions applicable in other member states of the EU. The proposed amendment refers to section 92 of the Law.

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