Finally! This June 16, 2010, was published in Official Gazette Issue . 39,447 Organic Law National Financial System (LOSFN)
The Insurance Activity Act (LAA) depended of publication in the Official Gazette of this Act or rgánica because its provisions is in line and just drift with the provisions therein. It's just question of time the enactment of our law
Although affirm that there are several shortcomings in the text of the LAA and I think it is very protective of the users also prefer to wait for the superintendency issue the conditions of insurance policies in solidarity to say in the matter, I also prudent to await the tools that Insurance Companies will use to achieve to comply with the provisions of law regarding HCM policies (I think stocks that some insurers are implementing short-term answer at the moment and should be tested). With all these considerations, I believe that overall it is a law in harmony with the existing legislation. On the LOSFN
I was not aware of the discussion at the meeting, but the law has enacted several changes to the text that his approval was the second debate. I were very impressed with the elimination of numerals referring to the mandatory of operations not prohibited, these bans were established for the banking, insurance and securities markets, in articles 23, 24 and 26, numerals 8, 5 and 5, respectively ; talk of Article 24 specifically referred to the insurance industry, the paper commented in read: Art 24 "The institutions that make up the insurance industry must comply with regulations established by regulator and also must .. (...) Numeral 5 : "Meet the prohibitions of regulators in the system that apply to its jurisdiction and those prohibited transactions with the rest of the domestic financial system "
hope that this exclusion of such numerals will not give rise to continuity of the practices we have been facing the profession of insurance producers. Outstanding!
can visit my other site for information insurance http://mmcorredoradeseguros.blogspot.com/
