Cap. 487 Art. 6Registration or enrolment of insurance and reinsurance intermediaries.

(1) Subject to sub-article (3), no person shall act as an intermediary and carry out, or attempt to carry out, in or from Malta, insurance distribution activities and reinsurance distribution activities, unless such person is registered or enrolled under article 13.

(2) The competent authority shall not grant registration or enrolment under article 13 to a person nor shall the competent authority permit such person to be registered or enrolled thereunder or to remain so registered or enrolled, unless it is satisfied that such person fulfils or complies with the requirements set out in this Part of the Act.

(3) This article shall not apply to a person, which is registered pursuant to the Insurance Distribution Directive in a Member State or EEA State, other than Malta.