Category: Regulatory Updates

  • Regulatory Updates

Draft IFSCA (Appointed Actuary) Regulations_ 2022

IFSCA (Authority)vide its Press Release dated November 23, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Appointed Actuary) Regulations, 2022 (“Proposed Regulations”). Objective: The Proposed Regulation aim to lay

Draft IFSCA (Maintenance of Insurance Records and Submission of Requisite Information for

IFSCA vide its press release dated November 23, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection)

Exposure Draft – IRDAI (Payment of Commission) Regulations_ 2022

IRDAI has issued an revised Exposure Draft – IRDAI (Payment of Commission) Regulations, 2022 dated November 23, 2022 (“revised Exposure Draft”) with an objectives to enhance responsiveness of the regulation to market innovation, facilitate the insurers

Consultation paper on Proposed IFSCA (Investment by International Financial Service Centr

International Financial Services Centres Authority (IFSCA or Authority) vide its Press Release dated November 21, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Investment by International Financial Service Centre

Consultation paper on proposed IFSCA (Preparation & Presentation of Financial Statements

International Financial Services Centres Authority (IFSCA or Authority) vide its press release dated November 21, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Preparation & Presentation of Financial Statements

Consultation paper on IFSCA (Manner of Payment and Receipt of Premium) Regulations_ 2022

International Financial Services Centres Authority (IFSCA or Authority) vide its press release dated November 18, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Manner of Payment and Receipt of

Consultation paper on Proposed IFSCA (Insurance Products and Pricing) Regulations_ 2022

International Financial Services Centres Authority (IFSCA or Authority) vide its Press Release dated November 18, 2022 has sought comments / suggestions from general public and stakeholders on the proposed IFSCA (Insurance Products and Pricing) Regulations, 2022

Circular on Ayushman Bharat Digital Mission (ABDM) adoption by Doctors

IRDAI vide circular bearing ref No: IRDAI/NL/CIR/MISC/231/11/2022 dated November 17, 2022 has issued a Circular on Ayushman Bharat Digital Mission (ABDM) adoption by Doctors. Background: As part of Ayushman Bharat Digital Mission, National Health Authority (NHA)

Regarding the use of out-of-date Operating System (OS) and IT Equipments

IRDAI vide Circular Ref: IRDAI/GA&HR/CIR/MISC/230/11/2022 has issued Circular regarding the use of out-of-date Operating System (OS) and IT Equipments dated November 15, 2022 (Circular). Major highlights of the Circular are as follows: Reference is drawn to

Participation in Account Aggregator Framework

IRDAI vide Circular Ref: IRDAI/IID/CIR/MISC/229/11/2022 has issued a Circular on Participation in Account Aggregator Framework dated November 14, 2022 (Circular) and has provided guidance on the participation of Indian Insurance Companies and Insurance Repositories in the