Insurance Distribution Directive and Cross-Border Activities by Insurance Intermediaries in the EU

Despite the European passport granted to insurance intermediaries by the Insurance Mediation Directive (IMD) in 2002, the single market for insurance distribution remained very fragmented. In 2016, in order to promote the emergence of a genuine Single Market in insurance services, the Insurance Distribution Directive (IDD) introduced new rules on cross border insurance distribution and new division of competence between home and host Member State authorities. However, it failed to provide the necessary legal clarity on when an insurance intermediary is likely to be pursuing cross-border activities. This chapter will explore whether the IDD, together with the 2018 Decision of EIOPA’s board of Supervisors, have led or will lead to more market integration. This chapter also briefly analyses the possible impact of ‘Brexit’, that is, the leaving of the EU by the United Kingdom, on cross-border activities of insurance intermediaries.

Juridical Analysis on Responsibility of Notaries Against Counterfeiting Description Existence in An Authentic Agreement

Article 1 Paragraph (1) of Act No. 2 of 2014 concerning Notary Office constitution that notaries are public officials, the authority to make the Act Authentic legitimate. Unfortunately in today's world that is filled by the desire of economic excess, not a few people on the mountain doing the wrong thing in order to enrich themselves, unfortunately including the notary who had exalted position in society as one of the authorities, instead of showing the action sublime them Authentic Act falsified. This study aims to clarify how the rule of law based on the positive law in Indonesia about such actions. Using normative juridical approach, and statutory approach, exploiting all the laws that have a correlation with the observed cases. To find practical application, researchers used the District Court of Semarang No. 676 / Pid.B /2017 PN.Smg The conclusion showed notary who forged authentic action violates the Notary Code and morally can not punish a criminal by Notary Code by the Board of Supervisors, but no conclusions about the case in the District Court ruling Semarang. While the notary may be punished criminally if proven wrong by article 264 of the Criminal Code no violation of law in Indonesia.Keywords: Notary; Authentic Agreement; Suspect.

FUNGSI NOTARIS SELAKU PEJABAT PEMBUAT AKTA IKRAR WAKAF (PPAIW) DALAM PERUBAHAN PERUNTUKAN HAK ATAS TANAH WAKAF

The thesis entitled "The role of the Notary Deed Official Pledge As Waqf In the allotment of Land Rights Amendment Waqf" examines the waqf land already diwakafkan by wakif and run through the process of making the Pledge of Endowments and already certified waqf land. However, the waqf land area experiencing growth and progress resulting in a change General Spatial Plan (which disturb the position of the donated land. Based on the above, the writers compose thesis raises the issue of whether the allotment of land endowments can be changed, how the role of the notary as Officer Deed of Pledge Waqf in the change designation of land rights endowments, and any obstacles in the change designation of land rights waqf , In writing this thesis, the author uses the normative method. It can be concluded that the change of land designation endowments can be done on the condition that these changes to the public interest in accordance with the General Spatial Plan which is based on the law and not contrary to Islamic principles, changes in the allotment of land endowments can be done after approval Ministry of Religious Affairs on consideration of Indonesian waqf Board and the replacement of at least one rank and balanced with original waqf property. The role of the Notary as Officer Deed of Pledge Waqf is to legalize or register the minutes of the meeting of the board of supervisors, made a deed of exchange of land endowments, making back Deed of Pledge Waqf of land which has been exchanged in accordance with the Deed of Pledge Waqf originally , providing information on the legal acts penghadap. Barriers to change the designation of land rights endowments of which is still going controversy about peraliahan rights to the donated land, the lack of public understanding of the donated land so many waqf land that is not registered and does not have a certificate endowments, as well as a lack of public understanding of the transfer of rights over donated land, if there is a legal act on changes in land endowments frequent rejection, and understanding Nazhir towards waqf property itself is still lacking, as well as other obstacles.

The Impact of Governance Mechanism of Financial Listed Companies on the Pay and the Pay-Performance Sensitivity of Executives

The corporate governance mechanism is very important to solve the principal-agent problem effectively. Based on the particularity of the financial industry, this paper uses the panel data of 45 listed companies in China's financial industry from 2007 to 2015, the empirical results show that the degree of ownership concentration, the duality of CEO and chairman of the board and the independent directors proportion have a significant negative impact on executive pay, and the size of the board of supervisors has no marked impact on executive pay. The degree of ownership concentration has a significant positive impact on the pay-performance sensitivity, and the duality of CEO and chairman of the board, the independent directors proportion and the size of the board of supervisors have a significant negative impact on the pay-performance sensitivity. For the listed companies in the financial sector, they should pay attention to the executive pay disclosure system, the board of supervisors governance mechanism and the independent director system. We can use the degree of ownership concentration to improve the pay-performance sensitivity, and make corporate governance more effective.

Implementasi prinsip akuntabilitas dalam manajemen wakaf produktif: studi kasus rumah sakit Islam kota Magelang

This study describes the implementation of the principle of accountability in the management ofproductive waqf in the form of Islamic Hospital in Magelang City. The results showed that IslamicHospital is a core business managed by waqf institutions and has experienced significant developmentswith a marked number of users is increasing. The principle of accountability on the Rumah Sakit Islam(Islamic Hospital) Kota Magelang implemented by the Board of Supervisors to supervise routinelybased on a report prepared by the Director of RSI. Implementation of this principle on endowmentsinstitutions is expected to increase the confidence of stakeholders. For the future, supervision throughan external audit needs to be programmed to improve accountability and public trust.

A Study of China's Elimination of Private Benefits of Control in State-owned Enterprises

To eliminate control of state-owned enterprise managers of self-interest is a key problem for management of state-owned enterprises, the Chinese government has adopted a separate government functions from enterprise management, clear property rights, the board of directors system, assignment of the board of supervisors system, disciplinary leadership system reform, the mixed ownership and other measures, are difficult to eliminate the soe managers to seize control of self-interest, together with the present situation of China's state-owned enterprises, this paper proposed by the board of supervisors as the center of the corporate governance structure, powers and running of the reform of internal management mechanism, to try to eliminate the control gain, achieving the value of state-owned enterprises.

HOSPITAL SUPERVISORY BOARD ROLE IN MEDICAL DISPUTE SETTLEMENT IN HOSPITAL (ANALYSIS TOWARD MECHANISM AND NORMATIVE OBSTACLES)

Health services are not always able to deliver the results expected by the patient or the patient's family. The gap often makes the dissatisfaction that arises medical disputes, including disputes in the hospital. Law No. 44 of 2009 on the Hospital Board of Supervisors ordered the establishment of the Hospital that one role is to resolve disputes hospital. But government regulation of the Hospital Board of Supervisors recently issued in August 2013, and setting the Hospitals Act does not mention the prior regulations promulgated which raises normative barriers. The method used is normative. Results of this study is that the Supervisory Board has the task Central Hospital preparing procedures for handling complaints and mediation, while receiving the complaint and make efforts to resolve the dispute by way of mediation is the Supervisory Board Provincial Hospital. Hospital Board of Supervisors province can not perform tasks because the procedures for complaints and mediation has not been established by the Board of Supervisors Hospital Center. Law No. 44 Year 2009 has a setting that is not in sync with Act No. 39 of 2009 and Law No. 29 of 2004.Keywords: Supervisory Board Hospitals, normative barriers, dispute resolution, hospitals

Research on the Board of Supervisors Effect of Building Materials in SMEs

This paper made an empirical analysis on the board of supervisors system implementation effect of building materials in SMEs . The author discovered that there was no obvious linear relation between board of supervisors characteristic and the connected sale;The board of supervisors scale and the stock supervisor proportion had no remarkable influence to the connected scales; But the board of supervisors conference number every year had remarkable positive correlation with the connected procurement. The real diagnosis results had reflected that our board of supervisors was invalid to some extent in China.