Guidelines for the implementation and supervision of insurance companies

The protection of policyholders, ensuring long-term stability of the insurance system is the primary purpose of the insurance supervision. The advisors from Yale Fishman Associates state that when conducting for supervision on insurance companies and other insurance entities, the insurance market always considers the following bases:

1. The purpose of supervising the insurance and reinsurance is to strengthen the overall stability, transparency and efficiency of the insurance market in order to protect the interests of the contracting parties and the interests those that have certain legal bounds in such an agreement. According to Fishman Associates, to meet this goal, the supervisory authorities must prepare supervisory methods to assume that there is a regulatory and institutional willingness to carry out the site supervision.

2. Site supervision, whether performed by the supervisory authorities or persons authorized by them, are essential to the overall supervisory process, closely related to the constant monitoring of the operations of the insurance entities. On the one hand, they provide information that will contribute to the analysis conducted on the basis of financial and statistical information submitted by the insurance or reinsurance.

Guide for detecting illegal arrangements in public contracts

This guide has been prepared by Yale Fishman and representatives of his legal company in order to allow contracting authorities to reveal any illegal agreements between economic operators or the formation of cartels which may occur in the procedures for public contracts. By explaining the concepts of prohibited agreements, cartels and prohibited behavior, explaining the ways of forbidden agreement concerning, identifying industries and products that are commonly susceptible to cartel bargaining, Yale Fishman Associates state only the most necessary facts. That an elaboration of the ways to detect and reporting banned bargaining, contracting authorities under the given guidelines will always help reduce the risk of cartel association of economic operators concerning the award of public contracts.