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Record Nr. |
UNINA9910165034503321 |
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Titolo |
Turkey : : Financial Sector Assessment Program-Detailed Assessment of Observance of the IAIS Insurance Core Principles |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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1-4755-7692-7 |
1-4755-7695-1 |
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Descrizione fisica |
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1 online resource (82 pages) : illustrations, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Finance - Turkey |
Finance: General |
Insurance |
Public Finance |
Industries: Financial Services |
Business and Financial |
Pension Funds |
Non-bank Financial Institutions |
Financial Instruments |
Institutional Investors |
Insurance Companies |
Actuarial Studies |
General Financial Markets: Government Policy and Regulation |
Taxation, Subsidies, and Revenue: General |
Bankruptcy |
Liquidation |
Finance |
Insurance & actuarial studies |
Financial services law & regulation |
Public finance & taxation |
Insurance companies |
Insurance supervision |
Internal controls |
Solvency |
Financial institutions |
Financial regulation and supervision |
Revenue administration |
Financial sector policy and analysis |
Nonbank financial institutions |
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Law and legislation |
Revenue |
Debt |
Turkey |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This paper presents an assessment of the observance of IAIS (International Association of Insurance Supervisors) insurance core principles in Turkey. During the last five years, the government of Turkey has made a significant effort to improve regulation and supervision of insurance and to improve adherence to international standards. The efficiency of information reporting, insurer monitoring, and supervision has greatly increased. Solvency tests have been strengthened. Reserving and investment practices have been improved. Improvements have been made in international cooperation and information exchange. However, major regulatory and supervisory challenges remain for Turkey to increase confidence in the sector and benefit from its continued growth. |
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