What's New at the Insurance Council - June 2021
Submitted by Victoria on June 22, 2021 - 4:23pm
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PDF version What’s New at the Insurance Council | June 2021 |
| Annual Filing: Late Filing Fee A late fee for annual filing is now in effect. All licences will automatically be terminated for non-filing if incomplete after August 3, 2021. File Here |
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| New Continuing Education Guidelines On June 1, 2021, the Insurance Council's new Continuing Education Guidelines came into effect. Visit our website to familiarize yourself with the new requirements moving forward. Read More |
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FINTRAC Issues Anti-money Laundering Guidance on Verifying Clients The Financial Transactions and Reports Analysis Centre of Canada introduced a new guidance for life insurance companies, brokers and agents that came into effect on June 1, 2021. The guidance outlines cases when client identities must be verified in order to prevent money laundering. Read More |
Canadian Regulators Seek Input to New Conduct Principles for Intermediaries The Canadian Insurance Services Regulatory Organizations is seeking input for the development of its Principles of Conduct for Intermediaries to help ensure the fair treatment of customers in the life & health and property & casualty insurance sectors. The deadline for feedback is July 9. Read More |
