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Why South Korea leads the way on IFRS 17
04 June 2019South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how
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FIS launches Enterprise Accounting System for IFRS 17
31 May 2019Vendor extends Prophet to fill the gap between actuarial and finance systems
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Korean life insurers press for longer IFRS 17 delay - UPDATED
16 April 2019Firms need more time to prepare for the regulatory change
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InsuranceERM award winners celebrate in style
11 March 2019Photos and list of winners from the prestigious InsuranceERM UK & Europe 2018-2019 awards
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US life firms under pressure from accounting overhaul
08 January 2019It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
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Make IFRS 17 work for your business
Over recent months, there has been growing pressure on the International Accounting Standards Board (IASB) to push back the introduction of the IFRS 17 accounting standard for insurance contracts. Now, with the board voting to delay the implementation date until 1 January 2022, how can you use the deferment to your advantage – and gain additional business value from compliance? With practical advice and firsthand insights, follow FIS' guide to getting more from IFRS 17 by transforming your operations.
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IASB votes in favour of IFRS 17 delay
14 November 2018IFRS 9 also to be delayed to maintain consistency for insurers
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FIS boosts Prophet's IFRS 17 capabilities
30 July 2018Q3 update adds functionality to support PAA approach
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IFRS 17 deadline raises feasibility concerns
26 April 2018Accounting standard brings operational complexity, says panel
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Finalists announced for InsuranceERM Awards
21 December 2017See which companies, teams and individuals have made the shortlist for this year's awards for risk and capital management