Regulatory Alerts2023-03-31
Regulation No. 2009-01 on the Preparation of the Financial Statements of Life Insurance Companies
The Central Bank of the Republic of San Marino issued Regulation No. 2009-01 to establish comprehensive rules for the preparation, valuation, and disclosure of financial statements for life insurance companies operating in San Marino. The regulation mandates specific accounting standards, including fair value measurements, technical reserves, and detailed reporting requirements for assets, liabilities, and pension funds. It further defines the scope of application, documentation obligations, and the submission procedures for annual and semi-annual reports to the supervisory authority.
Share