International Financial Services Centres Authority (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022
International Financial Services Centres Authority (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022
Regulation 6 - Every IIO shall maintain a record of its employees excluding staff or salaried field workers involved in solicitation...
International Financial Services Centres Authority (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022
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Employee record maintenance requires documented employment details and complete travel-expense records to support investigation and inspection. Every IIO must maintain employee records, except for staff or salaried field workers involved in solicitation. Records must cover employee identity, ... Summary
Employee record maintenance requires documented employment details and complete travel-expense records to support investigation and inspection.
Every IIO must maintain employee records, except for staff or salaried field workers involved in solicitation. Records must cover employee identity, appointment, designation, PAN, salary, benefits, tax papers, appointment-letter references, and termination details where applicable. Travel-expense payments to employees or other persons must be documented with the journey details, purpose, fares paid, and allowances granted, creating a verifiable trail for investigation and inspection.
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