Vice Chairman Doh Kyu-sang held a virtual meeting on November 30 to discuss ways to improve rules on insurance businesses in preparation for the implementation of IFRS 17 in 2023. At the meeting, Vice Chairman Doh announced the FSC's plans to set up a task force on this issue and to introduce a revision bill to the Insurance Business Act to the National Assembly during the first half of 2021.

* Please see press release for details.