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Attachment 1 Draft: 5/1/19 Market Conduct Examination Standards (D) Working Group Conference Call April 24, 2019, The Market Conduct Examination Standards (D) Working Group of the Market Regulation
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Who needs market conduct examination standards?
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Insurance companies
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Any organization involved in financial services
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What is market conduct examination standards?
Market conduct examination standards are guidelines and criteria established by regulatory authorities to assess the compliance of insurance companies with laws and regulations governing market practices.
Who is required to file market conduct examination standards?
Insurance companies are required to file market conduct examination standards with the regulatory authorities.
How to fill out market conduct examination standards?
Market conduct examination standards can be filled out by following the instructions provided by the regulatory authorities and providing detailed information about the company's market conduct practices.
What is the purpose of market conduct examination standards?
The purpose of market conduct examination standards is to ensure that insurance companies are conducting their business in a fair, ethical, and compliant manner, in accordance with regulations.
What information must be reported on market conduct examination standards?
Market conduct examination standards typically require information on sales practices, underwriting practices, claims handling, customer complaints, and other relevant aspects of the insurance business.
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