RegCentric invites you to their event

Important Insurance Update: Executive Accountability and NEW Data-set submission from your data-warehouse to APRA

About this event

On the 27th of September 2022, APRA finalised changes to the capital and reporting frameworks for insurance in response to the introduction of the new accounting standard (AASB 17). The changes aim to minimise any regulatory burden caused by a misalignment between APRA’s frameworks and AASB 17, while ensuring sound prudential outcomes. APRA expects insurers to be well progressed in their readiness for the implementation of AASB 17, including identifying and managing the risks associated with the transition process. Other changes affecting Prudential Reports, and governance and control obligations will also be discussed.

In this Free webinar, we will review the changes and how will they affect you.

Who should attend?

Attend if you:

  • Hold accountability over data disclosure to APRA (or intend to under FAR)
  • Prepare or support the preparation of regulatory data-set and static-form disclosures (including submissions and dealing with APRA)
  • Provide data preparation services or administer data submissions on behalf of your clients (Internal data or IT teams who prepare and consolidate complex sets of data)
  • Are charged with the budgeting for process design and regulatory change programs (Executives or other managers of teams associated with this process)

In this session we will cover:

  • Summary of the regulatory environment
  • How the IFRS17 changes are set to impact APRA reporting capital
  • Other Regulatory and governance changes impacting source data, data compilation and submission details
  • APRA Connect (what industry has learned so far)
  • Observations of Timeline of actions and where organisations should be positioned at this point

Feel free to forward this invitation to any internally based colleagues who would wish to take part in this session.

Hosted by

  • Team member
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    David Rule Content Manager @ Reg 360 Pty Limited

    Accountant

  • Team member
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    Thomas Verlaet RegCentric

  • Team member
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    Farrukh Khan Principal Consultant @ RegCentric

  • Team member
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    Ian McLachlan Principal Consultant @ Regcentric

  • Team member
    AW T
    Andrew Whiteley

RegCentric

Experts in Data Management, Finance, Risk and Regulatory Reporting.