Regulatory Alerts2025-12-31
Procedure for Disclosure of Information on Insurance Services
The National Bank of Tajikistan has approved this Procedure to establish mandatory standards for how insurance organizations disclose information to consumers, aiming to protect consumer rights and enhance market trust. The document mandates that insurers provide accurate, accessible, and comprehensive information at all stages of the insurance relationship, including pre-contractual disclosures, contract terms, and ongoing service updates. It further requires insurers to implement internal compliance controls and subjects them to corrective measures by the regulator for any violations of these transparency requirements.
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