Key Focus Areas for Regulatory On-Site Inspections

Core Dimensions of Regulatory On-Site Inspections

In recent years, on-site regulatory inspections in the insurance sector have become increasingly routine and granular, aiming to strengthen compliance safeguards. Key focus areas typically include corporate governance structures, internal control effectiveness, and business authenticity, ensuring institutional operations comply with laws and regulations while mitigating systemic risks.

• Verification of Solvency Adequacy Ratio and Capital Authenticity
• Issues such as misleading sales and difficulties in claims settlement that infringe upon consumer rights.
• Compliance of Fund Usage and Disclosure of Related-Party Transactions

For the design and sale of specific insurance products, regulators emphasize transparency and suitability management. Institutions are advised to stay informed about regulatory developments and strengthen their internal compliance frameworks. Please refer to the latest regulatory guidelines and insurance contract terms for specific implementation standards.