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+Article 42 1. |
Article 42 1.Insurance and reinsurance undertakings shall ensure that all persons who effectively run the undertaking or have other key functions at all times fulfil the following requirements:
(a)
their professional qualifications, knowledge and experience are adequate to enable sound and prudent management (fit); and
(b)
they are of good repute and integrity (proper). 1. Overview
1.1 References1.2 Identified Requirements1.3 Related Standards2. Identified Requirements
3. Related Standards
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