Improving the insurance legislation in the Russian Federation
Improving the insurance legislation in the Russian Federation to limit possibilities for insurance companies to withhold assets.
Developing proposals to prevent the practice of withholding assets by insurance companies:
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developing proposals to improve the internal control system in insurance companies, intended to stop insurance companies from withholding assets;
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carrying out a brief review of the existing requirements for the financial stability of insurance companies,
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developing proposals to improve requirements for the financial stability of insurance companies, including requirements for internal control at insurance companies;
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developing proposals to improve the prudential supervision system for insurance companies;
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developing a list of legislative documents that require revision;
- developing draft laws or regulations for the Bank of Russia intended to prevent insurer insolvency.
