CHANGE IN SHAREHOLDING PATTERN AND MANAGEMENT CONTROLInternational Financial Services Centres Authority (Management Control, Administrative Control and Market Conduct of Insurance Business) Regulations, 2023
CHANGE IN SHAREHOLDING PATTERN AND MANAGEMENT CONTROLInternational Financial Services Centres Authority (Management Control, Administrative Control and Market Conduct of Insurance Business) Regulations, 2023
Regulation 7 - The Authority may specify the hair-cut norms on different type of instruments...
International Financial Services Centres Authority (Management Control, Administrative Control and Market Conduct of Insurance Business) Regulations, 2023 Chapter II CHANGE IN SHAREHOLDING PATTERN AND MANAGEMENT CONTROL
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Available Solvency Margin calculations apply prescribed hair-cut norms across different financial instruments for insurance business solvency assessment. Regulation 7 authorises the Authority to specify hair-cut norms for different types of instruments when computing the Available Solvency Margin. ... Summary
Available Solvency Margin calculations apply prescribed hair-cut norms across different financial instruments for insurance business solvency assessment.
Regulation 7 authorises the Authority to specify hair-cut norms for different types of instruments when computing the Available Solvency Margin. Instrument-specific hair-cut parameters fall within the Authority's regulatory discretion for solvency-margin computation in insurance business.
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