-
Sector Analysis
NewNigeria Upstream (Oil and Gas) Fiscal and Regulatory Guide, 2024
Nigeria Upstream (Oil and Gas) Fiscal and Regulatory Report Overview The upstream fiscal and regulatory outlook of Nigeria has undergone many changes. Nigeria has implemented different regimes for oil exploration and production such as the Production Sharing Agreement and Joint Venture and Concession Agreements. Moreover, the Petroleum Industry Act (PIA) restructures Nigeria's institutional framework governing the oil & gas sector. It establishes the Nigerian Upstream Regulatory Commission to regulate technical and commercial aspects of upstream operations and creates a separate...
-
Government & Regulation
NewJapan Insurance Industry – Governance, Risk and Compliance
Japan Insurance Industry Regulation Overview The Financial Services Agency (FSA) and the Local Finance Bureau (LFB) of the Ministry of Finance act as the regulator of the Japan insurance industry. The other regulatory bodies overseeing the industry are the International Association of Insurance Supervisors (IAIS), the General Insurance Association of Japan (GIAJ), and the Life Insurance Association of Japan (LIAJ). The Japan Insurance Industry governance regulation report provides a detailed analysis of the insurance regulations for life, property, motor, liability,...
-
Sector Analysis
NewPoland Insurance Industry – Governance, Risk and Compliance
Poland Insurance Industry Regulation Overview The KNF (Komisja Nadzoru Finansowego–KNF) supervises the financial industry in Poland, which includes credit institutions, insurance firms, investment companies, exchanges, pension schemes, payment institutions, and credit unions. The other regulatory bodies in the country are IAIS, EIOPA, FERMA, and PIU. The Poland insurance industry governance regulation research report is the result of extensive research into the insurance regulatory framework in Poland. It provides a detailed analysis of the insurance regulations for life, property, motor, liability,...
-
Government & Regulation
NewRussia Insurance Industry – Governance, Risk and Compliance
Russia Insurance Industry Regulation Overview The Central Bank of Russia (CBR) acts as the regulator of the Russia insurance industry. The other bodies overseeing the industry are the International Association of Insurance Supervisors (IAIS) and the All-Russian Union of Insurers (BCC). The Russia Insurance Industry governance regulation report provides a detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation, and transit insurance. The report specifies various requirements for establishing and operating...
-
Government & Regulation
NewChile Insurance Industry – Governance, Risk and Compliance
Chile Insurance Industry Regulation Overview The Commission for the Financial Market (Comisión para el Mercado Financiero - CMF) acts as the regulator of the Chile insurance industry while the International Association of Insurance Supervisors (IAIS), the Association of Insurance Supervisors Latin America (ASSAL), and the Insurance Association of Chile (AACH) acts as the other supervisors within the industry. The Chile Insurance Industry governance regulation report provides a detailed analysis of the insurance regulations for life, property, motor, liability, personal accident...
-
Sector Analysis
NewMexico Upstream (Oil and Gas) Fiscal and Regulatory Guide, 2024
Mexico Upstream Fiscal and Regulatory Report Overview The upstream fiscal and regulatory outlook of Mexico has undergone many changes. Mexico has implemented different regimes for oil exploration and production, including Production Sharing Agreements (PSAs), Concession Agreements, Service Contracts, and PEMEX's Entitlement Regime. Private development of fields has been halted since 2018, when President Lopez Obrador put a stop to Licensing Rounds in a bid to position PEMEX as the sole player in upstream development, with the company already securing a...
-
Government & Regulation
NewBrazil Insurance Industry – Governance, Risk and Compliance
Brazil Insurance Industry Regulation Overview The Superintendent of Private Insurance (SUSEP) regulates the Brazilian insurance industry. The International Association of Insurance Supervisors (IAIS) and Association of Insurance Supervisors Latin America (ASSAL) are among other regulatory bodies formulating the Brazilian insurance industry. The Brazil insurance industry governance regulation report provides a detailed analysis of the insurance regulations for life, property, motor, liability, personal accident & health (PA&H), and marine, aviation & transit (MAT) insurance. The report specifies various requirements for establishing...
-
Sector Analysis
NewCzech Republic Statutory and Private Employee Benefits, 2024 Update
The report provides in-depth industry analysis, information, and insights of the employee benefits in the Czech Republic, including an overview of the state and compulsory benefits in the Czech Republic, detailed information about the private benefits in the Czech Republic, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in the Czech Republic. The Czech Republic has a well-developed social security system, and employers, employees,...
-
Government & Regulation
NewAustralia Mining Fiscal Landscape – Regulations Governance and Sustainability
Australia Mining Fiscal Landscape Report Overview Australia has abundant and diverse natural resources, including iron ore, coal, copper, and bauxite. Therefore, mining impacts the country’s national income, investments, jobs, exports, and government revenues significantly. Australia is the largest iron ore producer globally. The country’s federal and state governments have separate roles and responsibilities pertaining to resource exploration and development. Mineral resources are owned by the Australian government, or state or territory governments, rather than private individuals. The ‘Australia Mining Fiscal...
-
Sector Analysis
NewPeru Statutory and Private Employee Benefits, 2024 Update
Peru Statutory and Private Employee Benefits Overview The social security system in Peru is undergoing significant change. The informal nature of the labor market is the reason for low social security contributions. Most workers are self-employed and there are lack of information and valuation within the system. In the early 1990s, the social security system established the Sistema Privado de Pensiones (private pension system, or SPP) to provide benefits in the event of old age, disability, and death. This was...