Subject: Regulatory Page 41 / 92
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- July 16 2019
AMP’s life sale to Resolution is “highly unlikely”
Regulatory concerns in New Zealand have been cited by the potential buyer.
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- July 15 2019
India FDI stake rise in pipeline
Indian management control could reassure firms if foreign investment cap goes above 50%.
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- July 15 2019
Chinese start Anbang transfer to new firm
There is greater clarity over the role of a new holding company called Dajia.
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- July 8 2019
India to allow 100% foreign ownership of brokers
The market is set to open up even further under government proposals.
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- July 5 2019
Couple convicted of defrauding Dual in Australia
The judge found the couple defrauded MGA Dual out of around US$12m.
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- July 4 2019
Regulator under fire over CBL collapse
Not enough was done for years to investigate CBL's finances a report has found.
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 2 2019
Anbang’s future name?
Creation of new company could prove beneficial as China brings forward 100% foreign ownership rule change for life insurers.
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- July 1 2019
Korean capital rule is on schedule
Grace period will help South Korea's insurers meet more capital requirements.
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- July 1 2019
Vietnam steps up professionalism
P&C competency framework should help raise professional standards in the country.
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- June 28 2019
IASB publishes IFRS 17 changes
International Accounting Standards Board is looking for feedback on proposed changes to IFRS 17 contracts.
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- June 24 2019
Malaysia to regulate aggregators under FSA
Bank Negara Malaysia in inviting feedback on the Financial Services Act proposal.
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- June 20 2019
Australian motor add-on refunds top US$89m
The Australian Securities and Investments Commission has issued more refund requests over poor practice.
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- June 19 2019
ICA concerned over New South Wales’ budget impact
The Insurance Council of Australia feels insurance taxes and levies will hit householders.
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- June 17 2019
Two associations establish Australia life taskforce
Two adviser associations look to forge a united front over life commissions.
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- June 13 2019
Trial starts for couple accused of defrauding Dual Australia
The couple are alleged to have defrauded the Hyperion-owned MGA out of over US$11.8m.
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- June 13 2019
Hong Kong seeks China gateway for insurers
If Hong Kong insurers could set up branches in China it could be a game changer.
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- June 11 2019
China considers equity cap rise for assets
Chinese regulator is examining could increase the cap on investments in equities of insurers' assets.
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- June 5 2019
Two Charles Taylor employees arrested in Hong Kong
Arrests follow a court hearing in Hong Kong this week amid a dispute with rival McLarens.
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- May 29 2019
Taiwan’s life players told to shape up
The regulator is examining the country's life books more closely as companies prepare for IFRS 17.
