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Act status not recorded

Loi n° 64-12 portant création de l'Autorité de contrôle des assurances et de la prévoyance sociale (Law No. 64-12 establishing the Insurance and Social Welfare Supervisory Authority)

Issued by Autorité de Contrôle des Assurances et de la Prévoyance Sociale (Insurance and Social Welfare Supervisory Authority)

Effective: 14 Apr 2016

Plain-English summary

Creates ACAPS as a public-law body with financial autonomy (Art. 1), gives it power to issue circulars (Art. 3), investigate complaints (Art. 7) and ensure compliance with the AML law 43-05 (Art. 8). It also sets up the disciplinary commission (Arts. 23-26), allows the Authority to publish its sanctions (Art. 50) and sends appeals to the administrative court of Rabat (Art. 51). The effective date is taken from ACAPS's own description of itself.

Who it applies to

Insurance

Topics

Insurance & Pensions

Official source

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