All posts tagged "Insurers"
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84KoreaKorea to Require Brokers, Insurers to Enhance FX Risk Management
Non-banking financial institutions will have to report details about their FX exposures monthly to ensure their FX liquidity remains adequate.
January 21, 2021 -
53Australia & NZAPRA Issues Second Consultation on Insurance in Superannuation
Submissions in the previous consultation sought further clarification on the proposed changes, which are aimed at improving member outcomes.
January 21, 2021 -
184Big PictureCovid-19 Has Changed the Cyber Threat Landscape: BIS
During the pandemic, there was a strong link between the prevalence of work-from-home arrangements and the incidence of cyber attacks, particularly at financial institutions.
January 15, 2021 -
228FeatureHong Kong Set to Implement Group-Wide Supervision for Insurance
Newly gazetted subsidiary legislation will allow the Insurance Authority to set capital, regulatory reporting and public disclosure requirements for insurance groups.
January 6, 2021 -
183Australia & NZ
APRA Removes Bank, Insurer Restrictions on Dividend Payouts
Even in a 'Severe Downside' scenario, the CET1 capital ratio of the banking system would remain well above the 4.5 percent minimum capital requirement.
December 15, 2020 -
233FeatureAsset Managers, Insurers Must Embed Environmental Risk: MAS
Guidelines due to take effect in 18 months call for increased engagement with stakeholders, stress testing and risk disclosures.
December 10, 2020 -
618FeatureMAS Finalises Environmental Risk Management Guidelines for Banks
MAS has extended the transition period from 12 months to 18 months, and says it will start engaging key banks on their implementation progress from Q2 2021.
December 9, 2020 -
266Australia & NZAustralia Gets New 10-Year Roadmap on Sustainable Finance
The roadmap makes 37 recommendations, including a 2023 deadline for financial institutions and major listed companies to report according to the TCFD framework.
December 4, 2020 -
497SingaporeMAS Finalises New Rules for Insurers Managing Par Funds
New requirements on how insurers offering participating insurance policies can charge expenses to Par funds will take effect on 1 January 2021.
November 22, 2020 -
736EuropeUK TCFD Taskforce Unveils Plan for Mandatory Climate Disclosures
The roadmap outlines a five-year timetable for a range of UK financial institutions to comply with mandatory disclosure requirements.
November 13, 2020
