Unified UAE Legislation Database
Machine-read text — original PDF attached

Insurance Authority Board of Directors' Decision No. 41 of 2019 Concerning the Supervisory Rules for the Experimental Environment of Financial Technology in the Insurance Industry

Status

In force

Issuing Authority

Insurance Authority

Effective date

XX.XX.XXXX

Official Link

https://

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

Having pursued;

  • Federal Law No. (6) of 2007 concerning the Establishment of the Insurance Authority and Organization of Insurance Operations, the amendments thereof and its Executive Regulations, and the regulations issued in implementation thereof and the amendments thereof;
  • Commercial Transactions Law promulgated by Federal Law No. (18) of 1993;
  • Federal Law No. (1) of 2006 Concerning Electronic Transactions and Commerce;
  • Federal Law No. (24) of 2006 On Consumer Protection;
  • Federal Decree-Law No. (3) of 2012 on the Establishment of the National Electronic Security Authority and the amendments thereof;
  • The Federal Law No. (2) of 2015 On Commercial Companies;
  • Federal Law No. (12) of 2016 Amending Federal Law No. (5) of 2012 on Combating Information Technology Crimes and the amendments thereof;
  • And, based on the proposal of the Director General of the Insurance Authority and the approval of the Insurance Authority's Board of Directors,

Has...