According to the National Bank, this document was first developed in the insurance system and is intended to regulate the movement of equity capital of insurance companies in the insurance market in accordance with international standards.
The purpose of the document is to ensure an acceptable level of liquidity and financial stability of insurance companies, which will further improve the correct placement of assets, prevent unreasonable expenses, money laundering through insurance companies, as well as increase investments in the real sector of the national economy and contribute to the growth of public confidence in insurance services.
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