Industry Segments: Legal/Regulatory Page 35 / 90
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- April 9 2020
Prudential benefits from HK regulation over dividends
The switch to Hong Kong oversight has taken the pressure off as peers suspend payouts.
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- April 3 2020
ICNZ welcomes Covid-19 regulatory extensions
Key financial reforms will be delayed until 2021.
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- April 1 2020
Can tax incentives boost Hong Kong’s market?
A government advisory committee is urging action to help compete with Singapore.
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- March 26 2020
Australia’s insurers mobilise Covid-19 responses
IAG, QBE, Suncorp and Zurich and others have implemented remote working measures.
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- March 25 2020
Australia’s regulators and associations eye Covid-19 relief
The government, APRA and ASIC have announced new measures to help businesses cope.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 19 2020
Firms urged to “move on” with IFRS 17 despite delay
KPMG's Erik Bleekrode predicts the next few years will "get even harder" after IASB acts.
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- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
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- March 2 2020
1,500 workers engaged in improper sales at Japan Post
The company is undergoing an internal review and investigation at a cost of US$32m.
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- February 25 2020
Australia launches royal commission into bushfires
The move by the government follows an unprecedented summer.
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- February 24 2020
China’s regulator ends two-year Anbang takeover
The CBIRC took control of Anbang in February 2018 after its chairman was arrested.
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- February 21 2020
Singapore’s foreign players benefit from tax handout
(Re)insurers to enjoy five years of low taxes but some want further reforms.
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- February 19 2020
Philippines’ IC to issue cease & desist for capital non-compliance
Insurers need a minimum net worth of US$18m by February 28.
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- February 10 2020
China and HK’s life firms face headwinds amid growth
Premiums increased robustly in 2019 but valuations to be impacted by coronavirus and stockmarkets.
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- February 7 2020
Indonesia relaxes foreign ownership, steps up bailout
Capital injections easier as a holding company is set-up to allay market fears.
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- February 6 2020
8 insurers charged with violating Philippine Competition Act
Entities found to have entered into anti-competitive agreements to face fines.
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- February 3 2020
Australia targets add-on sales with more reforms
The shake-up in regulations continues.
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- January 29 2020
HKIA closes as city steps up precautions over coronavirus
Hong Kong's clampdown on travelers from China is also likely to impact the life market.
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- January 24 2020
Indonesia to address crisis with enhanced surveillance
A government bill will help regulators while the FSA itself is being investigated.
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- January 17 2020
China to lift foreign equity cap for all life players by April
US-China trade deal classifies life, health and pensions as separate sectors causing confusion.
