REGULATORY

Insurance

AZANDA & ASSOCIATES assists and consults in relation to the requirements for establishment and incorporation of insurance entities. We can elaborate on all the incorporation documents, as well as the procedures required for operation of a licensed entity. AZANDA & ASSOCIATES helps with drafting of template agreements required for operation of a licensed entity and its interaction with corporate and consumer clients.

We assist in case of insurance reorganization, restructuring or insolvency situations.

We provide regulatory and compliance related advice to licensed financial entities, as well as consult with respect to interaction and requirements of the Finance and Capital Market Commission.

We assist with notifications regarding obtaining decisive influence or qualified shareholding to the Finance and Capital Market Commission.

We represent clients in cases of refused or delayed payments of insurance premiums, as well as issue opinions to insurers regarding legal requirements of payment of premiums.

We advise in relation to the situations of conflicts of interest and other requirements applicable in the relationship between the insurance companies and insurance intermediaries. We also help with licensing of insurance intermediaries, assist with issues of regulatory compliance and other matters.

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