IRDAI has issued a Press Release dated August 17, 2022 on ‘IRDAI’s Single Window NOC Portal’. Highlights of the Press Release are as follows: To increase insurance penetration, ensuring availability of insurance in every nook and
IRDAI has issued a Press Release dated August 14, 2022 on First Hackathon – Bima Manthan 2022. Highlights of the Press Release are as follows: IRDAI is organizing its first hackathon – “Bima Manthan 2022” and
IRDAI vide Reference No. IRDAI/GA&HR/CIR/MISC/171/8/2022 dated August 11, 2022 has issued a Circular on “Withdrawal of exemption from GST on services provided by IRDAI to Insurers”. Major highlights of the Circular are as follows: Ministry of
IRDAI vide ref. no. IRDAI/GA&HR/CIR/MISC/172/8/2022 dated August 11, 2022 has issued a Circular on “Applicability of Service Tax / GST on services provided by IRDAI to Insurance intermediaries”. Major highlights of the Circular are as follows:
IRDAI vide ref. No. IRDAI/GA&HR/CIR/MISC/167/8/2022 dated August 9, 2022 has issued a Circular on “Migration of BAP to new hardware and the latest software”. Major highlights of the Circular are as follows: IRDAI is in the
IRDAI vide Reference No. IRDAI/F&I/CIR/INV/165/8/2022 dated August 3, 2022 has issued a Circular on “Amendments to Investments Master Circular” (Circular). Major highlights of the Circular are as follows: The relaxations are prescribed for categorisation into “Approved
IRDAI vide Circular ref. No. IRDAI/INT/ED/REG/166/8/2022 dated August 3, 2022 has issued an Exposure Draft – IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2022 [Draft Regulations] for inviting comments / suggestions, if any from the stakeholders. The Draft
IRDAI has issued an Exposure Draft on the “IRDAI (Other Forms of Capital) Regulations, 2022” dated August 2, 2022 (“Draft Regulations”), with an objective “to provide for effective regulatory framework for issuance of Other Forms of
IRDAI vide ref no. IRDAI/IID/GDL/MISC/160/8/2022 dated August 1, 2022 has issued Master Guidelines on Anti-Money Laundering / Counter Financing of Terrorism (AML/CFT), 2022 (‘AML Guidelines’). The AML Guidelines have consolidated and updated the “Anti-Money Laundering /Counter
IRDAI has issued an revised Exposure Draft – IRDAI (Expenses of Management of Insurers transacting General or Health Insurance Business) Regulations, 2022 (“revised Exposure Draft”) for seeking comments/suggestions of the stakeholders. Background – The Exposure Draft