BMA Reveals Details of Samuelsson Prohibition Order

BMA reveals details of Samuelsson prohibition order

Bermuda’s financial regulator has released details on why it decided to indefinitely bar Joakim Samuelsson from holding senior roles in the island’s insurance industry. In a statement, the Bermuda Mon...

Joakim Samuelsson: Prohibition Order Findings (Bermuda)

Findings for a Prohibition Order issued by the Bermuda Monetary Authority against Joakim Samuelsson regarding Custodian Life Limited.The post Joakim Samuelsson: Prohibition Order Findings (Bermuda) first appeared on OffshoreAlert.

BMA Prohibition Order On Joakim Samuelsson

The Bermuda Monetary Authority [BMA] issued a prohibition order against Joakim Samuelsson following “extensive findings of regulatory breaches and failures in his conduct as a director, officer and controller of Custodian Life Limited [Custodian], a Bermuda-registered insurer.” A spokesperson said, “The prohibition order, issued pursuant to section 32H of the Insurance Act 1978 [the Act] and […]