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Asia and Pacific > India

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Auditing, Internal x
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Cover IMF Staff Country Reports
India: Financial Sector Assessment Program—Detailed Assessments Report on IAIS Insurance Core Principles
International Monetary Fund. Monetary and Capital Markets Department
This paper discusses key findings of the assessment of India’s compliance with the International Association of Insurance Supervisors Insurance Core Principles (ICP). Indian Regulatory and Development Authority (IRDA) has so far decided that India is not yet ready for a full transition to cutting-edge international approaches owing to informational and skills shortages and a continuing lack of international consensus. Certain prudential ICPs come under this heading, and IRDA will need to augment its resources in its core supervisory departments if it is to introduce a rigorous corrective action and enforcement regime built on a risk-based approach to the capital and operational management of insurers.
Keywords:
ISCR; CR; corporate governance; central government; line of business; risk management; life insurance; life insurer; internal audit; insurance sector; Insurance companies; Insurance; Solvency; Internal audit; Auditing; Global; South Asia; Northern Europe; East Asia
Cover IMF Staff Country Reports
Mauritius: Public Expenditure and Financial Accountability (PEFA) Assessment
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Keywords:
ISCR; CR; annual budget; central government; stimulus package; financial year; internal audit; economic development; collection ratio; Budget planning and preparation; Auditing; Internal audit; Financial statements; Global