All posts tagged "insurance"
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55ChinaPBOC to Guide Long Term Funds Towards ESG Investments
The PBOC will guide pension funds, insurance, social security and asset managers towards investing in ESG products, officials said at a recent forum.
August 2, 2021 -
37Australia & NZASIC Offers Guidance on Deferred Sales Model for Add-on Insurance
Starting on 5 October, a four-day pause will be introduced between the sale of a principal product or service and the sale of add-on insurance.
August 2, 2021 -
41ChinaCBIRC Grants Approval to Allianz Insurance Asset Management
The approval will make Allianz China IMAC the first fully foreign-owned insurance asset management company on the Chinese mainland.
August 2, 2021 -
58Australia & NZRBNZ Drafts Interim Solvency Standard to Account for IFRS 17
The inclusion of risk adjustments in insurance liabilities is expected to increase capital requirements for life insurers.
July 27, 2021 -
52Australia & NZAPRA Asks Insurers to Review Risk Management Frameworks
The self-assessments must be submitted to APRA by 30 November. Feedback will be provided early next year.
July 23, 2021 -
72Australia & NZAustralia Consults on Compensation Scheme of Last Resort
The CSLR will establish an industry-funded compensation mechanism for individuals who have won decisions against insolvent financial firms.
July 21, 2021 -
168InternationalInternational Organisations to Launch Climate Training Alliance
The initiative will see the establishment of a dedicated online portal for global training on climate risks for central banks and supervisors.
July 13, 2021 -
80AML / KYCHong Kong Records Drop in Corruption Complaints in 2020: ICAC
Corruption complaints concerning the finance and insurance subsectors registered the highest drop among all subsectors.
July 13, 2021 -
161EnforcementMAS Proposes to Enhance Investigative, Supervision Powers
New powers will allow MAS to issue legally-binding directions to FIs in relation to unregulated business in bitcoin futures and other payment token derivatives traded on overseas exchanges.
July 5, 2021 -
76Hong KongHKMA Issues SPM on Supervision of Banks’ Insurance Business
The HKMA's enforcement standards with respect to insurance intermediary business of banks mirror those adopted by the IA.
July 2, 2021
