PFS Consulting would like to thank Principal Ian Laughlin and his team at the Actuaries Institute’s Disability Insurance Taskforce for all their great work in preparing this document. The document will be of interest to anyone involved in the IDII ecosystem – consumer bodies, insurer management and boards, technical and professional specialists, regulators, government and financial advisers.
Contact Ian Laughlin at ianlaughlin@pfsconsulting.com.au to find out more.
APRA’s proposed reforms to the Authorised Deposit-taking Institution (ADI) licensing framework represent a significant modernisation of the process for establishing a banking business in Australia.
APRA’s first consultation paper on proposed governance changes explained the policy driver: entities under heightened supervision often have governance issues, and APRA identified persistent weaknesses in skills, fitness and propriety, board reviews, tenure and conflicts management.
AmTrust Specialty Limited (ASL), a UK-regulated specialty lines insurer, successfully obtained authorisation from the Australian Prudential Regulation Authority (APRA) to operate as a Category C general insurer (foreign branch) in Australia.
The Reserve Bank of New Zealand has published for consultation a draft amendment to the Insurance (Prudential Supervision) Act 2010.
Building relationships that count.
PFS Consulting is an actuarial and risk consultancy providing foresight, insight, and oversight.
ABN: 84 096 646 178 AFSL: 283 650
PFS Consulting maintains full alignment with the Essential Eight Maturity Model from the Australian Cyber Security Centre (ACSC) Our full suite of policies and procedures also reference ISO/IEC 27001 supporting the requirements of that standard.
©2022. PFS Consulting. All Rights Reserved.
