Regulation of Direct Offshore Foreign Insurers - Draft Regulations

Date:

Monday, 28 April 2008

Content ID:

1372

Abstract:

On 8 April 2008, the Assistant Treasurer announced the limited exemption arrangements that would apply under the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007.

The draft regulations set out the exemption arrangements.

Submissions are invited on the draft regulations and explanatory material, in particular where it aligns with the Minister’s announced exemption arrangements. Submissions may be lodged electronically, by post or facsimile. Please indicate if the submission is confidential.

Submissions closing date: 19 May 2008

Address written submissions to:
Regulation of Direct Offshore Foreign Insurers – Draft Regulations
Financial System Division
The Treasury
Langton Crescent
PARKES ACT 2600

Fax: 02 6263 3866
Email: DOFIexemptions@treasury.gov.au

Documents Available:

Acrobat (PDF)

Draft - Insurance Amendment Regulations 2008 71.73kb
Explantory Statement for DOFI Exemption Regulations 58.16kb

Related Items:

Submissions: Regulation of Direct Offshore Foreign Insurers - Exemption Discussion Paper - 2/11/2007

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Regulation of Direct Offshore Foreign Insurers – Exemption Discussion Paper - 20/09/2007

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Discussion Paper: Regulation of Discretionary Mutual Funds and Direct Offshore Foreign Insurers - 16/12/2005

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