TUR SEDDK Reinsurance Firm Assets

Published on: Jan 6, 2025

On Dec. 31, TUR SEDDK amended regulation on insurance firm assets.

  • TUR SEDDK amended Reg 26606 which ensures insurance and reinsurance pensions firms allocate sufficient technical provisions to cover all liabilities.
  • As well as regulate the procedures and principles for investing these provisions.
  • Article 13 on assets that meet technical provisions limitations has been amended.
  • Effectiveness
  • This regulation enters into force on Mar. 31, 2025.
Regulators
TUR SEDDK
Entity Types
IA; Ins; Pension
Reference
OG 32769, 12/31/2024; OG 26606, Aug. 7, 2007;
Functions
Accounting; Compliance; Financial; Operations; Reinsurance; Reporting
Countries
Turkey
Category
State
N/A
Products
Fund Mgt; Insurance; Pensions
Rule Type
Final
Regions
EMEA
Rule Date
Dec 31, 2024
Effective Date
Mar 31, 2025
Rule ID
239126
Linked to
N/A
Reg. Last Update
Dec 31, 2024
Report Section
EU