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Service
Level 1
  81 Financial Services 07

Level 2
  812 All insurance and insurance-related services 07A

Measures Applicable at this Level
Showing 101 - 110 of 110 items
NameTypeAgencyLawValidity
    
Insurance business operators to possess an investment certificate to apply for a Business operating licenseLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Issuance of Insurance Business Operating License in accordance with the Law on InsurancePerformance requirements (mandatory)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Membership in Insurance Business Association to engage in insurance related activitiesRequirement to subscribe to associationMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Minimum capital requirement to establish an insurance companyMinimum capital requirementsMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Must have never been nor currently be a terrorist to establish an insurance company and obtain a Business Operating licenseLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
No License terminated within 5 years prior to the submission of insurance business operating licenseLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Obtaining approval to withdraw and make depositsAuthorization / permit requirements Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Performance requirement of an insurance company to maintain capital of each stakeholder in accordance with Article 2 of the Insurance Law No 06/NA, dated 21 December 2011Administrative RequirementsMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Possession of suitable office or headquarters to establish an insurance company and obtain a Business Operating licenseLicensing (based on experience, track record, technical requirements, and/or other)Ministry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Prohibition of Insurance Business Operators to operate without requisite approvalProhibitionMinistry of FinanceMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 201631-12-9999
Level 0 and Level 1 Measures Also Applicable
Showing 321 - 340 of 552 items
NameTypeAgencyLawValidity
    
Requirement for membership in Depositors’ Protection FundRequirement to subscribe to associationBank of the Lao PDRRegulation For Savings and Credit Unions No. 03/BOL, dated 3 June 200831-12-9999
Requirement for membership in FundRequirement to subscribe to associationBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for microfinance institutions to provide reportsAdministrative RequirementsBank of the Lao PDRDecree on Microfinance Institutions No. 460/G, dated 3 October 201231-12-9999
Requirement for moving cash currencyOther measuresBank of the Lao PDRLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 201431-12-9999
Requirement for nameOther measuresBank of the Lao PDRRegulation For Savings and Credit Unions No. 03/BOL, dated 3 June 200831-12-9999
Requirement for name of a Non-Deposit Taking Microfinance InstitutionOther measuresBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for opening bank accounts abroadAuthorization / permit requirements Bank of the Lao PDRLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 201431-12-9999
Requirement for place at which currency can be exchangedLimitations on transfer of fundsBank of the Lao PDRLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 201431-12-9999
Requirement for project to contain commitment letters from donorsOther measuresBank of the Lao PDRDecree on Microfinance Institutions No. 460/G, dated 3 October 201231-12-9999
Requirement for providing and receiving Foreign Loans and Commercial CreditAuthorization / permit requirements Bank of the Lao PDRLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 201431-12-9999
Requirement for registered capitalMinimum capital requirementsBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for registrationAuthorization / permit requirements Bank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for Registration Fees for Certificate of RegistrationFeeBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for Repayment of Non-Performing Loans Classified as a LossOther measuresBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for reportingOther measuresBank of the Lao PDRLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 201431-12-9999
Requirement for Restrictions in Involuntary LiquidationOther measuresBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for revocation of licenceOther measuresBank of the Lao PDRRegulation For Savings and Credit Unions No. 03/BOL, dated 3 June 200831-12-9999
Requirement for revoking licenceAdministrative RequirementsBank of the Lao PDRRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 200831-12-9999
Requirement for supervision feeFeeBank of the Lao PDRRegulation For Savings and Credit Unions No. 03/BOL, dated 3 June 200831-12-9999
Requirement for Transfer of Fund to Foreign CountriesLimitations on transfer of fundsBank of the Lao PDRInstruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 201031-12-9999
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