UK Statutory Instrument SI 1997/265 United Kingdom

The Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) Regulations 1997

Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Financial Services Firm2

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Financial Services Firm — also bound by 167 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.003 Keeping of records—general Regulated
  • Keep records of each life assurance policy to show terms and complianceFinancial Services Firm
s.004 Period for which records to be kept Regulated
  • Keep policy records for at least 3 years after terminationFinancial Services Firm
7 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Interpretation
s.005 Transfers of records
s.006 (1) This regulation applies in any case where each of...
s.007 (1) This regulation applies in any case where each of...
s.008 Information to be provided to the Board
s.009 Inspection of records by officer of the Board

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.