SEDDK has been given new authority – Bloomberg HT

The Regulation on the Amendment of the Regulation on the Measurement and Evaluation of the Capital Adequacy of Insurance and Reinsurance and Pension Companies by the Insurance and Private Pensions Regulation and Supervision Agency (SEDDK) was published in the Official Gazette.

In the statement made by SEDDK on the subject, “With the Regulation Amending the Regulation on the Measurement and Evaluation of Capital Adequacy of Insurance, Reinsurance and Pension Companies” published in the Official Gazette No. It is authorized to bring exceptions to the balance sheet items that are counted as an item of the balance sheet.

In the statement, it was emphasized that rapid changes in these items within the framework of changing economic conditions are important for providing flexibility in the calculation of capital adequacy of companies, and it is also important for supporting the country’s economy.