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Mar 2025

News


Asian

Australia: FSC welcomes financial advice education reforms

The Financial Services Council (FSC) welcomes the Government’s decision to reform education requirements for professional financial advisers, a vital move toward securing a sustainable advice profession.
 


Cambodia and Laos strengthen insurance ties

The Insurance Regulator of Cambodia (IRC) and Department of State-Owned Enterprises and Insurance Supervision (SOEI) signed a Memorandum of Understanding (MoU) at the Non-Bank Financial Services Authority Building in Phnom Penh, Cambodia, according to a media release from the IRC.
 


China: New guidelines for EV insurance

China’s national financial regulator has issued the first-of-its-kind insurance guidelines for EVs and plug-in hybrids.
 


Indonesia: Mandatory motor third-party liability programme delayed

Initially scheduled to come into force in January 2025, the implementation of mandatory motor third-party liability insurance has been delayed.
 


Malaysia: Parliament takes note of surging insurance premium hikes, to hold public hearings

Surging health insurance premiums in Malaysia have caused public distress to the extent that the Public Accounts Committee (PAC) of the country’s parliament has decided to hold public hearings on the issue.
 


Thailand: Government considering price hike on health insurance for migrant workers

Thailand is proposing to increase health insurance fees for migrant workers to bring them closer to the universal health coverage that is available for the Thai citizens.