An Insurance Intermediaryor Insurance Manager must not place a Contract of Insurance with or on behalf of an insurer unless it has satisfied itself on reasonable grounds that the insurer may lawfully effect that contract under the laws of the jurisdictions in which the insurer and the risk are located.
Derived from DFSA
(Made 1st July 2008). [VER14/07-08]
[Amended] DFSA RM182/2016
(Made 19th June 2016) [VER27/08-16]