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Government Legislation

  • Draft for partial revision of Enforcement Rule of Insurance Business Act
    • Competent Ministry : Financial Services Commission
    • Advance Publication of Legislation : 2021-07-05
    • Opinion Submission Deadline : 2021-08-16

A. Definition of terms based on International Accounting Standards for Insurance Contracts (hereinafter referred to as IFRS17) (Article 13, Article 29, Article 30, Article 36, Article 41, Appendix Form 1 (2), and Appendix Sheet 14)

B. Improvement of actuary system (Article 44 and Article 45)


Regulatory effect assessment
  • 보험업법 시행규칙(규제영향분석서)_20210720.hwp [download]
Legislative proposal (draft)
  • 7. 보험업법 시행규칙 일부개정령안.hwp [download]