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Insurance Regulatory Statements

Insurance Regulatory Statements

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Regulatory Statements provide details on how entities (including non-regulated entities in some cases) must comply with legislative requirements. While both Rules and Regulatory Statements legally require compliance, Regulatory Statements are used by BCFSA to provide further details/direction related to an established requirement (e.g. form and content of a submission to BCFSA, including applications and reports).

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Obtaining a Business Authorization to Operate an Extraprovincial Trust Corporation in British Columbia (will open in a new tab)

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Consent to Credit Union Acquisition: Application Requirements (will open in a new tab)

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Consent to Credit Union Amalgamation: Application Requirements (will open in a new tab)

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Audited Financial Statements (will open in a new tab)

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Termination Expense Assumption (will open in a new tab)

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Access to Statutory Adequate Liquid Assets (will open in a new tab)

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Application for Consent to Continue a Credit Union to the Federal Credit Union Regime (will open in a new tab)

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Transfer Options for Lump Sum Payment (will open in a new tab)

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Extension of Solvency Deficiency Payment Period (will open in a new tab)

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Clarification of Union Consent Requirement for Target Benefit Plan Conversions (will open in a new tab)

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