GFSC definition
Examples of GFSC in a sentence
Audit • Ensure that the Company’s outwards reinsurance programme is notified to the GFSC.
Audit and relevant feedback • Respond, on behalf of the Company and subsequent to consulting the Company, to all regulatory correspondence with the GFSC.
Respond to the Company or the Company’s reinsurance broker within 2 working days of any request Audit and feedback from reinsurance broker • Complete the solvency calculation and returns required by the GFSC under the current Solvency I requirements and, when in force, the applicable Solvency II requirements, and submit same to the GFSC.
The Client is obliged to immediately inform GFSC GLOBAL of the nature of the activities and business of the Entity and seek GFSC GLOBAL‘s written consent before making any changes to those activities.
Manage against GFSC guidance and applicable regulation Review level of inadmissible assets quarterly • Review and advise on funds available for investment.