8.4.3 Distributions must comply with chapter 8 41 8.4.4 Distributions by firm or cell deemed to constitute single long term insurance fund 42 8.4.5 Assets not to be lent 42 8.4.6 Prohibited arrangements 42 Chapter 9 Transfer of insurance business 43 9.1.1 Application of chapter 9 43 9.1.2 Definitions for chapter 9 43 9.1.3 Form and content of scheme report 44 9.1.4 Summary of scheme 45 9.1.5 Notice of intention and summary of report 46 Chapter 10 Captive insurers in run-off 47 Part 10.1 General provisions 47 10.1.1 Terms and concepts relating to run-offs 47 10.1.2 Obligation of firm in run-off under FSR 47 10.1.3 Contracts effected under existing term 48 Part 10.2 Notices and run-off plans 49 Division 10.2.A Ceasing to effect contracts in a category 49 10.2.1 Firms must notify Regulatory Authority—ceasing to effect contracts in a category 49 Division 10.2.B Ceasing to effect contracts for entire captive insurance business 50 10.2.2 Application of div 10.2.B 50 10.2.3 Firms must notify Regulatory Authority—events and decisions 50 10.2.4 Run-off plan—firm decides to go into run-off 50 10.2.5 Run-off plan—Regulatory Authority withdraws authorisation 51 firm’s 10.2.6 Period of run-off plan 51 10.2.7 Firms to monitor run-off plan etc 52 10.2.8 Amended run-off plan 52 Part 10.3 Provisions for contracts relating to captive insurance business in run-off 53 10.3.1 Application of part 10.3 53 10.3.2 Firms in run-off must notify Regulatory Authority of certain contracts 53
8.4.3 Distributions must comply with chapter 8 41 8.4.4 Distributions by firm or cell deemed to constitute single long term insurance fund 42 8.4.5 Assets not to be lent 42 8.4.6 Prohibited arrangements 42 Chapter 9 Transfer of insurance business 43 9.1.1 Application of chapter 9 43 9.1.2 Definitions for chapter 9 43 9.1.3 Form and content of scheme report 44 9.1.4 Summary of scheme 45 9.1.5 Notice of intention and summary of report 46 Chapter 10 Captive insurers in run-off 47 Part 10.1 General provisions 47 10.1.1 Terms and concepts relating to run-offs 47 10.1.2 Obligation of firm in run-off under FSR 47 10.1.3 Contracts effected under existing term 48 Part 10.2 Notices and run-off plans 49 Division 10.2.A Ceasing to effect contracts in a category 49 10.2.1 Firms must notify Regulatory Authority—ceasing to effect contracts in a category 49 Division 10.2.B Ceasing to effect contracts for entire captive insurance business 50 10.2.2 Application of div 10.2.B 50 10.2.3 Firms must notify Regulatory Authority—events and decisions 50 10.2.4 Run-off plan—firm decides to go into run-off 50 10.2.5 Run-off plan—Regulatory Authority withdraws firm’s authorisation 51 10.2.6 Period of run-off plan 51 10.2.7 Firms to monitor run-off plan etc 52 10.2.8 Amended run-off plan 52 Part 10.3 Provisions for contracts relating to captive insurance business in run-off 53 10.3.1 Application of part 10.3 53 10.3.2 Firms in run-off must notify Regulatory Authority of certain contracts 53
QFCRA_8125_VER4.docx