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Appendix A Fit and Proper Criteria1.To qualify for registration and to continue to be registered as an Agent or Nominee Agent with the Agents Registration Board (the Board) of the General Insurance.

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How to fill out the Fit And Proper Criteria online

Filling out the Fit And Proper Criteria is a crucial step for anyone seeking registration with the Agents’ Registration Board of the General Insurance Association of Singapore. This guide provides a clear and supportive framework to assist users in completing the form accurately and efficiently.

Follow the steps to complete the Fit And Proper Criteria form online.

  1. Click the ‘Get Form’ button to access the Fit And Proper Criteria form. This will allow you to open the form in the necessary interface for editing.
  2. Review the threshold conditions for registration. Ensure you meet the age requirement of at least 18 years and the residency criteria as a Singapore citizen, Permanent Resident, or eligible foreigner with a valid work permit. Provide proof of your minimum academic qualifications.
  3. Complete the competence requirements section by confirming your qualifications. Indicate whether you possess a CGI certification, specifying if it covers personal or commercial insurance products, or list acceptable qualifications in lieu of CGI.
  4. Affirm your financial soundness by indicating that you are not an undischarged bankrupt. If you are a company, confirm compliance with the financial requirements regarding a judicial management order or receivership.
  5. Finally, review all sections for accuracy and completeness. Once satisfied, you can save your changes. You may also choose to download, print, or share your form as necessary.

Complete the Fit And Proper Criteria form online today to ensure your registration process is smooth and compliant.

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U.S. banking regulation addresses privacy, disclosure, fraud prevention, anti-money laundering, anti-terrorism, anti-usury lending, and the promotion of lending to lower-income populations. Some individual cities also enact their own financial regulation laws (for example, defining what constitutes usurious lending).

The FCA will consider an individual's competence and capability by having regard to all relevant matters including whether the individual has demonstrated by experience that they are suitable and whether they have the time available to perform the controlled function.

Basel III norms have introduced strong capital ratios by increasing the minimum Tier 1 capital from 4% to 6%, and minimum Common Equity Tier 1 capital from 4% to 4.5%. Bank's regulatory capital is divided into Tier 1 and Tier 2. Tier 1 capital is subdivided into Common Equity Tier 1 and additional Tier 1 capital.

There shall be no conflict of interest in performing duties as a Director on the Board or in case of conflict of interest, it would be prudent to conclude that the conflict will not create a material risk that the Director will fail to perform his/her duties properly and independently, and adequate disclosures are made ...

Under Fit and Proper criteria, RBI has mandated all the banks to constitute a Nomination and Remuneration Committee (NRC) consisting of a minimum of three non-executive directors from amongst the board of directors.

Basel III is an international regulatory that introduced a set of reforms designed to mitigate risk within the international banking sector by requiring banks to maintain certain leverage ratios and keep certain levels of reserve capital on hand. Begun in 2009, it is still being implemented as of 2022.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232