Your Profession Needs You
The Government intends to implement a Risk-based Capital regime for the insurance industry, which seeks to align Hong Kong’s regime with international standards and strengthen Hong Kong’s function as an international risk management Centre.
The legislation for the Risk-based Capital regime is expected to be submitted in the second half of 2022 and implemented in early 2024. To ensure that the Professional Standards for Appointed Actuaries (PS1) and the Actuarial Guidance Notes (AGN) are in line with the new legislation, ASHK is inviting qualified actuaries to join in this work. For more details of each task click below or email [email protected]. The submission deadline is 24 June 2022 (Friday).