The Insurance Regulatory and Development Authority of India (IRDAI) announced the reconstitution of the Expert Committee on the implementation of Ind AS/IFRS.

Committies and Meeting

The Insurance Regulatory and Development Authority of India (IRDAI) announced the reconstitution of the Expert Committee on the implementation of Ind AS/IFRS. The 13-member committee, which will be headed by the Member (Finance and Investment) F&I of IRDAI. It will also include the Chairman of the Accounting Standards Board (ASB) of ICAI, the President of the Institute of Actuaries of India (IAI), the CGM & HOD of IRDAI’s Actuarial Department, among others. The committee will also address the requirements of guidance notes, APS, and Education Material from respective professional institutes.


      The team will work on steps that may be taken towards the effective implementation of Ind AS/IFRS, along with giving phase-wise timelines.

     

     

 

     


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