COB 7.12.8

Past version: effective from 01/07/2008 - 31/07/2016
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An Insurance Intermediary must ensure that Approved Assets are:

(a) registered in the name of the Insurance Intermediary or Insurance Manager and designated 'Insurance Bank Account'; or
(b) held for the Insurance Bank Account of the Insurance Intermediary or Insurance Manager at the bank at which such Insurance Bank Account is held.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]