Hi all,
Could anyone please clarify the differences among the following regulatory types that any regulator follows?
Which one is used in which context and what is the sanctity of each one, meaning how is a company supposed to respond to both.
Which one should be followed without any deviation, which one can be tweaked without diluting the spirit of it, and which one is optional to follow?
1. Act
2. Regulation
3. Guideline
4. Rule
5. Notification
6. Order
7. Notices
8. Standards
9. Policy
10. Practice notice
11. Circular
Various Insurance entities and thier activities are controlled by the IRAI and the stakeholders need to choose the best suited to them. Neverthless,' buyers beware' is applicable
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup