Institute for the Supervision of Insurance

The Institute for the Supervision of Insurance (in Italian Istituto per la vigilanza sulle assicurazioni also known as IVASS) is the Italian insurance supervisory authority, an independent authority responsible for supervising and regulating all insurance business in Italy.[1] Effective January 1, 2013, the former insurance authority, ISVAP, transferred all its assets and responsibilities to the Italian Insurance Supervisory Authority, which had a new governance, integrated with that of Banca d'Italia.[2]

The President of IVASS is the Senior Deputy Governor of the Banca d'Italia, Fabio Panetta.

See also

Notes

  1. ^ Legge 135/12 The law establishing IVASS in Italian
  2. ^ [1] Bylaws of the Italian Insurance Supervisory Authority, also translated as Institution for the supervision of insurance - IVASS