IRDAI circular IRDAI/INT/CIR/MISC/129/6/2023 · 14 Jun 2023
Official title
Repealing of redundant Circulars/ Guidelines / Clarifications
Summary
Check the official recordThe Insurance Regulatory and Development Authority of India (IRDAI) has repealed various redundant circulars, guidelines, and clarifications to rationalize and streamline the regulatory framework. This initiative aims to enhance clarity and reduce compliance complexity for insurers and insurance intermediaries. The repeals are a result of subsequent regulatory updates, new guidelines, and the expiration of time-specific instructions. A comprehensive list of the specific documents being repealed is provided in Annexure A of the circular.
What you must do
Key dates
Who is affected
भारतीय बीमा विनियामक और विकास प्राधिकरण INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
संदर्भ सं: आईआरडीएआई/आईएनटी/सीआईआर/विविध/129/6/2023 दिनांक: 14 जून, 2023 Ref No: IRDAI/INT/CIR/MISC/129/6/2023 Date: 14th June, 2023
प्रति/To सभी बीमा मध्यवर्ती एवं बीमाकर्ता, All Insurance Intermediaries and Insurers,
विषय: अतिरिक्त परिपत्रों/दिशानिर्देशों/स्पष्टीकरणों आदि का निरसन। Re: Repealing of redundant Circulars/Guidelines/Clarifications etc.
To rationalise, streamline the regulatory framework, enhance clarity and reduce complexity in compliance requirements, various redundant circulars / guidelines / clarifications issued by the Authority are repealed. This action is taken in response to the issuance of subsequent regulations, guidelines, updates and lapse of time-specific instructions. The list of circulars / guidelines / clarifications repealed are attached to this circular as ‘Annexure – A’.
[Image omitted. See the official document.] (जे अनीता / J ANITA) मुख्य महाप्रबंधक (मध्यवर्ती) / CGM (INTERMEDIARIES)
संलग्नक / Encl: अनुबंध – ‘क’ / Annexure – ‘A’
सर्वे सं. 115/1, फाइनंशियल डिस्ट्रिक्ट, नानकरामगुडा, हैदराबाद - 500032 Survey No. 115/1, Financial District, Nanakramguda, Hyderabad 500 032 दूरभाष Phone: 040-20204000; www.irdai.gov.in