Canada: Requirement that foreign insurers that insure or plan to insure in Canada marine risks apply to the Office of the Superintendent of Financial Institutions

Announcement

01 Jan 2010

In January 2010, the government of Canada announced a rule change for import registration.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2010

Revocation date:

No revocation date

Updated: 01 Jan 2010

Import licensing requirement In force

Amendments to the foreign companies provisions of the Insurance Companies Act (Part XIII) that came into effect on January 1, 2010, removed an exemption that allowed foreign insurers to insure in Cana...

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