by AIP Online Bureau | May 21, 2024 | Health, Indian News, Regulation, Risk Management
“We have carried out sample testing from both these companies and we have found that all 18 samples of MDH were compliant with standards. However, in case of Everest, some of the samples (out of 12) were non-complaint and for that we have told them to take corrective...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Regulation, Technology
While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“I think it has drawn the attention of fintech entrepreneurs, to the fact that you also have to know how to comply with the law. Regulatory compliance is not an optional thing for any country in the world, certainly not in India, and it is something that they...
by AIP Online Bureau | Oct 30, 2022 | Indian News, Non-Life, Regulation, Risk Management
“…it was discovered that the KMPs (key management personnel) in Indian automobile companies have a poor understanding of compliance obligations in over 80 per cent of the instances,” the report said, citing a survey conducted by TeamLease Regtech. As a...
by AIP Online Bureau | May 13, 2022 | Indian News, Non-Life, Regulation, Reinsurance
Further IRDAI has decided that the FRBs and Lloyd’s India need not publish the half yearly and annual Revenue Account, Profit & Loss Account, Balance Sheet and Analytical Ratios etc. in the newspapers Hyderabad: Providing compliance relief, the insurance regulator...
