While the new International Financial Reporting Standard 17 (IFRS 17) will take effect in 2022, the clock is ticking, and insurers should start preparing now. This change in accounting standards will require insurers to re-strategize their portfolio across their product management and business teams. If approached strategically, complying with IFRS 17 can be foundational for your company's future.
New regulation, new rules and system required for compliance
In collaboration with Dell EMC, join us at this exclusive executive roundtable where financial services consultants like KPMG and EY, together with SAS will show how it is possible to manage the different impacts that this new standard will have on:
- Managing and integrating data from the different source systems
- Openness and transparency of calculations for the valuation of insurance liabilities across the different contractual group levels
- New disclosure reports and financial statements for IFRS 17
- Robust finance and actuarial controls to provide audit logs and exceptional handling
IFRS 17 is about turning compliance into an opportunity, and the clock is ticking.
Date: Thursday, 21 March 2019
Time: 8.30 AM – 12.20 PM (Registration starts from 8:00 AM)
Venue: W Hotel Kuala Lumpur (Room: Studio 3), 121, Jalan Ampang, 50450 Kuala Lumpur
This is a complimentary by-invitation only event and seats are subject to availability*. Hurry and register today!
* Please note SAS may need to limit seats for each individual company.
Agenda & Speakers
|8.00am - 8.45am||Registration & Refreshment|
|8.45am - 9.00am||Welcome Note|
Cheam Tat Inn, Managing Director, Malaysia, SAS
|9.00am - 9.45am||Proposed Amendments to IFRS 17|
Michael Tang, Principal, KPMG Malaysia
George Kau, Executive Director, KPMG Malaysia
|9.45am - 10.30am||IFRS 17 and the Data, Systems & Process (DSP) Agenda|
Martyn van Wensveen, Partner, Advisory, EY
Jeremy Lim, Director, Actuarial Services, EY
|10.30am - 10.45am||Coffee break|
|10.45am - 11.30am||Are you IFRS 17 ready?|
Kenneth Koh, Director of Insurance, Global Practice, SAS
|11.30am - 11.50am||Dell Technologies: Digital Transformation and IFRS 17|
Yap Teng Hin, HCI SE Specialist, Dell EMC
|11.50am - 12.20pm||Panel Discussion|
|12.20pm||Event End & Networking Lunch|