Nov 25 (Reuters) - Australian Prudential Regulation Authority:
- CONSULTS ON IMPLEMENTATION OF AASB 17 FOR INSURANCE CAPITAL AND REPORTING
- SAYS ALSO UPDATING LIFE AND GENERAL INSURANCE CAPITAL (LAGIC) FRAMEWORK
- PROPOSALS NOT EXPECTED TO SIGNIFICANTLY CHANGE MINIMUM CAPITAL REQUIREMENTS OR MATERIALLY IMPACT PREMIUMS
- FINAL APRA CAPITAL AND REPORTING STANDARDS WILL BECOME EFFECTIVE FROM 1 JULY 2023
- CONSULTATION ON DISCUSSION PAPER WILL CLOSE ON 31 MARCH 2021
- UPDATED CAPITAL & REPORTING STANDARDS EXPECTED TO RELEASE IN LATE-2021 FOR FURTHER CONSULTATION
Source text https://bit.ly/2J7gyq3
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News: QBE Australia's APRA Consults On Implementation Of AASB 17 For Insurance Capital And Reporting
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