The HKRBC regime, introduced by the Insurance Authority, will bring significant changes to capital adequacy and regulatory reporting for the insurance industry in Hong Kong. The new regime is expected to come into effect in mid-2024 and insurance companies will need to be prepared for its implementation. The Institute conducted two series of face-to-face workshops on HKRBC in 2023. Building on the content covered in these workshops, the series will be re-run in June. The workshops will provide updates on the latest developments of HKRBC. The speakers will also share their insights and practical experience on the major challenges in implementing the HKRBC, and offer observations on solutions to accelerate the regulatory reporting filing process. For those who did not attend the workshops in 2023, this upcoming series presents a valuable opportunity to prepare for the implementstion of HKRBC. |