Malaysian Laws and Regulations Governing the Overseas Guarantee Business
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「If license fees are not paid to the relevant supervisory authorities or accounting reports are not submitted, the registration (Company No.LL02871) and license (Licensed Offshore Insurer - License No.IS200144) will be revoked.」
The company continues to disclose the risk of revocation of registration and licenses under Malaysian laws and regulations. - FY2020RestatedAnnual report
「If license fees are not paid to the relevant supervisory authorities or accounting reports are not submitted, the registration (Company No.LL02871) and license (Licensed Offshore Insurer - License No.IS200144) will be revoked.」
The company continues to disclose the risks arising from Malaysian regulations and the revocation of licenses and registrations. - FY2019First statedAnnual report
「If license fees are not paid to the relevant supervisory authorities or accounting reports are not submitted, the registration (Company No.LL02871) and license (Licensed Offshore Insurer - License No.IS200144) will be revoked.」
The company disclosed the risk of Malaysian regulations governing Something Re.Co., Ltd.'s captive warranty business, including the revocation of its registration and license.