Insurance Authority Board of Directors' Decision No. 20 of 2020 Concerning the Extension of the Periods Granted to Insurance Companies to Submit the Specified Financial Data and Reports Statement and giving the Director General the Authority to Extend the Periods of Submission of the Required Financial Statements from the Sector

The Chairman of the Board of Directors of the Insurance Authority, Having pursued,

• The Federal Law No.(6) of 2007 on Establishment of the Insurance Authority & Organization of Insurance Operations, the amendments thereof and its Executive Regulation;
• The Insurance Authority Board of Directors' Decision No. (25) of 2014 Pertinent to Financial Regulations for Insurance Companies;
• The Insurance Authority Board of Directors' Decision No. (26) of 2014 Pertinent to Financial Regulations for Takaful Insurance Companies;
• The legislations, regulations, instructions and enforceable decisions issued by the IA;
• And, based on the recommendation of the Director General of the Insurance Authority and the approval of the Board of Directors,

Has resolved,

Article (1)

The periods granted in the Insurance Authority Board of Directors' Decision No. (25) of 2014 Pertinent to ...