The Malta Financial Services Authority (MFSA) has issued
feedback following its assessment of how insurance undertakings
approached the implementation of IFRS 17.
The Malta Financial Services Authority
(MFSA) has issued feedback following its assessment of how
insurance undertakings approached the implementation of IFRS 17. Drawing on observations from
supervisory engagement, the Authority outlined examples of good
practice and identified areas where improvements are still
expected.
The communication serves as a reference point for
insurers to fine-tune their processes, reporting, and internal
governance now that the new standard is in
effect.
Implementation Observations