The insurance sector regulator takes a step in search of greater regulatory transparency

The insurance sector regulator takes a step in search of greater regulatory transparency

The National Insurance Superintendency restored its Kronos regulatory consultation platform, in order to improve access to information.

The National Insurance Superintendency (SSN) seeks to facilitate access to the agency’s information and policy and regulatory decisions, and took a new step in this regard by implementing the first stage of recovery of the Kronos System.

According to the organization, the purpose of this news is facilitate access to administrative acts issued, notified and published in the Official Gazette by the SSN.

And the measure, designed to expedite requests for Resolutions and Circulars by the insurance market, will allow users to access the regulations through the Superintendency’s website.

What the recovery of the Kronos System means

The recovery of the Kronos System restores the possibility of downloading files in PDF format, to the administrative acts issued, notified, and published in the Official Gazette by the National Insurance Superintendency.

This initiative represents a return to normal operation of the Kronos Systemprior to the contingency plan implemented in May 2023. The Restoration of this platform is crucial to simplify and modernize processesallowing interested parties to access the SSN regulations quickly and easily.

Kronos, now accessible through the official website of the Superintendency under the “REGULATIVES” option“, offers users a shortcut button and a User Manual that details query and search criteria. This user-centered approach aims to make Interaction with the system is more intuitive and effective.

The search for transparency, the key

The SSN reaffirms its commitment to transparency and efficiency by making this improved tool available to the insurance industry. The implementation of the first stage of recovery Kronos System marks a milestone in the modernization of regulatory processes, paving the way for future improvements in the accessibility and efficiency of regulatory information.

Source: Ambito

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