MISCELLANEOUSInternational Financial Services Centres Authority (Preparation and Presentation of Financial Statements of International Financial Service Centre Insurance Offices) Regulations, 2022
MISCELLANEOUSInternational Financial Services Centres Authority (Preparation and Presentation of Financial Statements of International Financial Service Centre Insurance Offices) Regulations, 2022
Regulation 14 - Any contract not covered under ‘insurance contract’, as defined in regulation 4(1)(iv) above...
International Financial Services Centres Authority (Preparation and Presentation of Financial Statements of International Financial Service Centre Insurance Offices) Regulations, 2022 Chapter II GENERAL INSTRUCTIONS FOR PREPARATION & PRESENTATION OF FINANCIAL STATEMENTS
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Separate reporting and disclosure require non-insurance contracts to be identified independently in financial statements of insurance offices. Separate reporting and disclosure apply to every contract that does not fall within the definition of an insurance contract under regulation 4(1)(iv). ... Summary
International Financial Services Centres Authority (Preparation and Presentation of Financial Statements of International Financial Service Centre Ins...
Separate reporting and disclosure require non-insurance contracts to be identified independently in financial statements of insurance offices.
Separate reporting and disclosure apply to every contract that does not fall within the definition of an insurance contract under regulation 4(1)(iv). Such contracts must be identified independently in the financial statements of International Financial Service Centre Insurance Offices, rather than being included within insurance-contract reporting. The requirement establishes a distinct presentation and disclosure treatment for contracts outside the defined insurance-contract category.
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