Can a life insurance policy be transferred to the ownership or at least management of another insurance entity ?
I ask as some of the DD demands have been most untimely and seem more calculated to generate default fee income for themselves and the bank.
The FSPO has limited powers here despite sympathetic officials.
I think a more Saigon-style commercial justice should be applied to financial entities carrying on like this.
But what is actually possible under existing processes ?
I ask as some of the DD demands have been most untimely and seem more calculated to generate default fee income for themselves and the bank.
The FSPO has limited powers here despite sympathetic officials.
I think a more Saigon-style commercial justice should be applied to financial entities carrying on like this.
But what is actually possible under existing processes ?