Financial Accountability Regime (FAR) has commenced
March was a busy month with the release of regulator rules, transitional rules and the release of a consultation package for RSE licensees and insurers.
March was a busy month with the release of regulator rules, transitional rules and the release of a consultation package for RSE licensees and insurers.
In July 2023 APRA published its new Operational Risk Management Prudential Standard, CPS230, which comes into force on 1 July 2025. To date, there is no accompanying explanatory CPG230.
The Financial Accountability Regime has become law. Don’t miss Madeleine’s guide, designed to explain the regime’s implications, and ensure seamless compliance for financial institutions.
Australia has a robust healthcare system, and the Federal Government provides a universal health insurance scheme for all citizens and permanent residents.
When we travel overseas and get sick or injured, we expect to have the same experience that we have in Australia with the benefits of our great public health system.
With insurance capacity and affordability becoming increasingly problematic in a number of classes of insurance, DMFs are once again being turned to – to provide a solution where insurance is failing.
The introduction of the new Insurance Accounting regime (AASB 17) is more involved than it may seem. Here are some issues to consider:
PFS Consulting bring our years of expertise working in and alongside brokers and insurers to review your insurance program and make it more efficient.