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Appendix A
Fit and Proper Criteria1. To qualify for registration and to continue to be registered as an Agent or
Nominee Agent with the Agents Registration Board (the Board) of the
General Insurance
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The specific need for fit and proper criteria will vary depending on the context and requirements of the role or position in question.
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What is fit and proper criteria?
Fit and proper criteria refer to the standards set by regulatory bodies to assess the suitability and integrity of individuals working in certain professions.
Who is required to file fit and proper criteria?
Individuals who work in regulated industries such as finance, insurance, and healthcare may be required to file fit and proper criteria.
How to fill out fit and proper criteria?
To fill out fit and proper criteria, individuals must provide information about their qualifications, experience, criminal record, and financial status.
What is the purpose of fit and proper criteria?
The purpose of fit and proper criteria is to ensure that individuals working in regulated industries meet the standards of integrity, competence, and financial soundness.
What information must be reported on fit and proper criteria?
Information such as educational background, work experience, criminal record, and financial status must be reported on fit and proper criteria.
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