Financial Sector Assessment Program Update - Albania : Insurance Core Principles
This assessment of Albania's compliance with the International Association of Insurance Supervisors (IAIS) Insurance Core Principles (ICP) was carried out as part of the 2013 Financial Sector Assessment Program (FSAP). Although this is the sec...
| Main Authors: | , |
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/02/19768307/albania-insurance-core-principles-detailed-assessment-observance http://hdl.handle.net/10986/19297 |
| Summary: | This assessment of Albania's
compliance with the International Association of Insurance
Supervisors (IAIS) Insurance Core Principles (ICP) was
carried out as part of the 2013 Financial Sector Assessment
Program (FSAP). Although this is the second FSAP for
Albania, this is the first external assessment of
Albania's compliance with the ICPs. The Albanian
Financial Supervisory Authority (AFSA) has all the
responsibility for insurance regulation and supervision in
Albania. This assessment is based upon information made
available to the assessor in preparation for and during the
November 2013 FSAP mission. The AFSA contributed its
self-assessment and a detailed update thereof at the
individual criterion level. Further sectoral information
(including responses to a questionnaire sent out in advance)
was provided before and during the mission. Comprehensive
documentation, including all relevant laws, by-laws and
regulations were: (i) available on the AFSA's web-site;
or (ii) provided to the assessor by the AFSA's management. |
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