Regulatory Alerts2007-07-02
Guidance Paper No. 1 on Accessibility of Data and Information to the Financial Public and on Transparency in the Insurance Market
The National Bank of Serbia issued this guidance to enhance transparency and accessibility of information for insurers, brokers, and agents in Serbia. It mandates the disclosure of precise financial data, risk exposures, and corporate governance details to stakeholders while requiring clear, unambiguous product summaries and contract terms. The framework aims to protect policyholders and foster market discipline by ensuring information is reliable, timely, and comparable across the insurance sector.
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