APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022FSS governor Jeong Eun-bo has warned insurers of a possible "perfect storm" building for the industry, citing rising interest rates and the war in Ukraine.
March 28, 2022Two new papers have been published to help Singapore's insurance industry in elevating their culture and conduct standards.
March 23, 2022Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.
March 22, 2022The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022Shin Kong Financial Holding executives were taking directions from the former group chairman, who was barred in 2020.
March 17, 2022ILAS (investment-linked assurance schemes) can now also be distributed using non-FTF methods, with a fast track authorisation process.
March 15, 2022The interim standard will come into force on 1 January 2023. The RBNZ is also consulting on the penalties and enforcement tools it has available for supervising insurers.
March 11, 2022Preferential treatment in place since 2018 has been extended to mainland insurers that issue catastrophe bonds in the Hong Kong market.
February 28, 2022The expansion will allow all pension insurers in China to participate in the scheme. So far only six insurers have participated in two pilot areas.
February 25, 2022