SAMA suspends Broker Vision on non-compliance

13/09/2017 Argaam

Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank and insurance market regulator, has banned Broker Vision Insurance Co. from undertaking any insurance activities, according to an official statement.

 

The decision comes after company failed to meet the regulatory requirements set by SAMA.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.