Lifting of Directive - CREQUE'S INSURANCE AGENCY LIMITED (2016-07-10)

Summary

This is a short enforcement notice from the BVI Financial Services Commission confirming that a regulatory Directive previously issued against Creque's Insurance Agency Limited has been lifted and is no longer in effect. It provides no new rules or ongoing requirements, only a status update on a past enforcement action.

• Background: The Commission had issued a Directive on 1 August 2012 under section 40 of the Financial Services Commission Act, 2001 against Creque's Insurance Agency Limited.
• Outcome: The Commission decided to lift the Directive, with effect from 7 October 2016.
• Reference: The matter is recorded under Matter ID BF101113/381.

Applies to

insurance agency

Deadlines

• 7th October, 2016: Effective date on which the Commission's Directive against Creque's Insurance Agency Limited ceased to be in effect