IVASS 38 Key Requirements for Other Sectors | ComplyDev
IVASS 38. Corporate governance system for insurance undertakings Competent Authority: IVASS - Institute for the Supervision of Insurance. Deadline: Ongoing compliance
Last updated: 13/03/2026
Key Points
- Risk management system (including ICT)
- Key control functions
- Outsourcing policies
- Reporting to the Board of Directors
- DORA compliance effective January 17, 2025
What is IVASS 38 and how does it apply to Other Sectors?
IVASS 38. Corporate governance system for insurance undertakings Competent Authority: IVASS - Institute for the Supervision of Insurance. Legal Basis: IVASS Regulation No. 38 of July 3, 2018. Deadline: Ongoing compliance
Who in the Other Sectors sector must comply with IVASS 38?
IVASS 38. Companies in other sectors with basic cybersecurity obligations 5-250 employees. For Medium enterprises (50–249 employees) in the Other Sectors sector, IVASS 38 compliance requires specific attention to: Key Requirements: Risk management system (including ICT); Key control functions; Outsourcing policies.
Penalties for non-compliance with IVASS 38
Penalties: Administrative penalties from IVASS. Important: The IVASS 38 compliance deadline is approaching. Do not wait to start your assessment.
How to start your IVASS 38 compliance journey
Check your IVASS 38 compliance for free. ComplyDev's AI-powered assessment analyses your Other Sectors company against 111+ EU regulations in 20 minutes — no registration, no credit card. Key Requirements: Risk management system (including ICT); Key control functions; Outsourcing policies.
Sector Advice
- Check your IVASS 38 compliance for free. ComplyDev's AI-powered assessment analyses your Other Sectors company against 111+ EU regulations in 20 minutes — no registration, no credit card.
- For Medium enterprises (50–249 employees) in the Other Sectors sector, IVASS 38 compliance requires specific attention to:
- Key Requirements: IVASS - Institute for the Supervision of Insurance. Deadline: Ongoing compliance.
Frequently Asked Questions
IVASS 38 Key Requirements
IVASS 38 Penalties
IVASS 38 - Other Sectors
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