PHI regulatory changes and year-end considerations

Client alert

By: Matthew Green, Daniel Farthing

30 Jun 2022 2 min read

With the 2022 financial year coming to a close, private health insurers face a number of considerations in regulation and their year-end financial reporting, including:
Contents
  • IFRS 17 and IASB amendment effective for annual reporting periods starting on or after 1 January 2023;
  • Environmental, Social and Governance (ESG) strategy and reporting;
  • Governance and risk management review by APRA in 2023;
  • CPS 234 Tripartite Reviews;
  • Climate risk self-assessment survey; and
  • Review and refresh insurance risk management guidance by APRA in 2023.
Developments in Financial Reporting and Regulations

Developments in Financial Reporting and Regulations

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Authors

  • Matthew Green

    Matthew brings 19 years’ experience in providing IT risk assurance and advisory services to listed, Government and private enterprise. His extensive IT risk assurance and advisory experience covers business and technology across strategy, governance, operations, service delivery, procurement, major projects, data risk management and 3rd party auditing. View Profile

  • Daniel Farthing

    Daniel is a cyber security risk and technology controls Partner based in Grant Thornton's Sydney office. With 15 years of experience in the United States and Australia, Daniel is one of the market's leading experts on SOC-2 and technology controls audits more broadly -- including reviews with a focus on cyber/information security, access, change management, data governance and processing integrity. View Profile

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