Revised Statutory Reporting Guideline No. 6
This update replaces the 2013 version of Statutory Guideline No. 6. It outlines the reporting obligations of all Class 1 and Class 2 insurers, including deadlines for submitting quarterly and annual returns, as well as updated requirements related to IFRS 17. Please find below the updated guideline, supporting documents, and access to the relevant reporting forms.
Download Reporting Forms:
• Annual Reporting Forms 2024 – Section A (IFRS 17)
• Annual Reporting Forms 2024 – Section B (Non-IFRS 17)
• Quarterly Returns – Section A (IFRS 17)
• Quarterly Returns – Section B (Non-IFRS 17)
Corporate Governance Guideline
This guideline underscores the importance of good corporate governance in financial institutions as a foundation for trust, transparency, and accountability within the financial market. It highlights how sound governance principles contribute to financial stability, strengthen business integrity, and encourage long-term investment.
Cyber Risk, Technology, and Management Guideline
This document provides guidance regarding best practices for entities to systematically manage cyber and technology risks and includes disclosure and reporting obligations applicable to financial institutions.
Cyber Incident Reporting - Initial Report
Cyber Incident Reporting - Intermediate Report
Cyber Incident Reporting - Final Report
Domestic Non-Bank Systemically Important Financial Institutions (SIFI) Guideline
Outlines the criteria for what makes a financial institution a SIFI, the standards applicable to SIFIs and the measures to mitigate the risks posed by such entities to the financial system and the broader economy.
Fit and Proper Guideline
Establishes the criteria and obligations applicable to individuals in critical roles within financial institutions and corporate bodies related to fitness and propriety. It updates and replaces the information previously released by the Financial Services Commission in its 2017 Fit and Proper Circular. The Fit and Proper FAQs released in 2017 have also been updated and replaced.
Material Changes Disclosure Guideline
The guideline establishes the reporting obligations of Financial Institutions as they relate to material changes that impact or potentially impact their operations, and includes information regarding:
- Disclosure vs Disclosure and Approval requirements
- Timing of Notification of changes
- Form and method of disclosure
