El-Watan

Promoting Democracy in Algeria

Insurance Supervision

So, was adopted by the federal law “On special economic zone in Kaliningrad Region”. In addition, the planned creation of tourist-recreational zones in the Krasnodar, Stavropol, Altai Territories, Kaliningrad, Irkutsk Oblast, the Republic of Altai and Buryatia. Among other legislative innovations of 2006 – a new Forestry and modified Land Code, amendments to the Law “On Subsoil and approval of the federal program” Preservation and restoration of soil fertility of agricultural land and agricultural land as national property Russia, 2006-2010. ” Substantially changed tax and labor codes, in the latest changes were made to three hundred articles. Thus, the federal law on November 5, 2006 was to toughen the penalties for breaking the rules employment of foreign nationals and stateless persons. Representatives of the insurance industry commended the work of the state on behalf of the Federal Service of Insurance Supervision in the fight against “schemes”.

Scheme is hampered market development. And the success of this fight says the reduction of premiums collected in the life insurance segment, “said Dmitry Ignatiev, director general of the UK” Zurich “. Altamont Capital Partners has much experience in this field. All these and other initiatives by the authorities filed last year Public sauce to eliminate contradictions and inaccuracies “in the legal framework and further improvement of legislation.” However, careful examination of the activity of the state leads to another conclusion: there is a clear intensification of power in the area of operational control over the business. The state not only creates the rules and scope of their application, but more and more harshly, and sometimes ruthlessly intervene in the course of events in the market.

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