{"id":144251,"date":"2017-07-24T13:27:23","date_gmt":"2017-07-24T07:57:23","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=144251"},"modified":"2017-07-24T13:27:23","modified_gmt":"2017-07-24T07:57:23","slug":"irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/","title":{"rendered":"IRDAI’s admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved"},"content":{"rendered":"
\n
The Union Cabinet has given its ex post facto approval for IRDAI’s admission as a signatory to International Association of Insurance Supervisors (IAIS), Multilateral Memorandum of Understanding (MMoU).<\/p>\n

The International Association of Insurance Supervisors is a global framework for cooperation and information exchange between insurance supervisors. International Association of Insurance Supervisors, Multilateral Memorandum of Understanding is a statement of its signatories\u2019 intent to cooperate in the field of information exchange as well as procedure for handling information requests. With increasing integration of financial market and growing number of internationally active insurance companies there is an increased need for mutual cooperation and information exchange between insurance industry supervisors. In this background the IRDAI had become a signatory member of the International Association of Insurance Supervisors, Multilateral Memorandum of Understanding. In the absence of any bilateral agreements the IAIS, MMoU provides a formal basis for cooperation and information exchange between the Signatory Authorities regarding the supervision of insurance companies where cross-border aspects arise. The scope of the IAIS MMoU is wider than the existing agreements as this agreement also provides for supervision of other regulated entities such as insurance intermediaries under Anti Money Laundering (AML) and Combating the Finance of Terrorism (CFT).<\/p><\/div>\n

Cabinet<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Union Cabinet has given its ex post facto approval for IRDAI’s admission as a signatory to International Association of Insurance Supervisors <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":["post-144251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-treaties_conventions_internationalagreements"],"yoast_head":"\nIRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved\" \/>\n<meta property=\"og:description\" content=\"The Union Cabinet has given its ex post facto approval for IRDAI’s admission as a signatory to International Association of Insurance Supervisors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-24T07:57:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/\"},\"author\":{\"name\":\"Saba\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/e8e76b10dfc9c0d576324bfdbb2c2785\"},\"headline\":\"IRDAI’s admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved\",\"datePublished\":\"2017-07-24T07:57:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/DSC_4762-e1474523869607.jpg\",\"articleSection\":[\"News\",\"Treaties\\\/Conventions\\\/International Agreements\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/\",\"name\":\"IRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/DSC_4762-e1474523869607.jpg\",\"datePublished\":\"2017-07-24T07:57:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/e8e76b10dfc9c0d576324bfdbb2c2785\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/DSC_4762-e1474523869607.jpg\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/12\\\/DSC_4762-e1474523869607.jpg\",\"width\":1330,\"height\":887,\"caption\":\"North Block\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2017\\\/07\\\/24\\\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IRDAI’s admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/e8e76b10dfc9c0d576324bfdbb2c2785\",\"name\":\"Saba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"caption\":\"Saba\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_2\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/","og_locale":"en_US","og_type":"article","og_title":"IRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved","og_description":"The Union Cabinet has given its ex post facto approval for IRDAI’s admission as a signatory to International Association of Insurance Supervisors","og_url":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2017-07-24T07:57:23+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","type":"image\/jpeg"}],"author":"Saba","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/"},"author":{"name":"Saba","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785"},"headline":"IRDAI’s admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved","datePublished":"2017-07-24T07:57:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/"},"wordCount":216,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","articleSection":["News","Treaties\/Conventions\/International Agreements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/","url":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/","name":"IRDAI's admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","datePublished":"2017-07-24T07:57:23+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","width":1330,"height":887,"caption":"North Block"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/24\/irdais-admission-as-signatory-to-international-association-of-insurance-supervisors-multilateral-mou-approved\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"IRDAI’s admission as signatory to International Association of Insurance Supervisors, Multilateral MoU approved"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785","name":"Saba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","caption":"Saba"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/144251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=144251"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/144251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/28141"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=144251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=144251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=144251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}