COB 7.12.14

An Insurance Intermediary who has a credit balance for a Client who cannot be traced should not take credit for such an amount except where:

(a) he has taken reasonable steps to trace the Client and to inform him that he is entitled to the money;
(b) at least six years from the date the credit was initially notified to the Client; and
(c) COB Rule 7.12.5(f) will continue to be satisfied after the withdrawal of such money.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]