Consultation Paper on proposed revisions to the Risk Equalisation Rule
The ICCL has commenced a consultation process with Industry on the Risk Equalisation Rule. The Risk Equalisation Rule, which only applies to members of Fund A, and in certain circumstances, came into effect on 1 March 2020. The ICCL previously advised members of Fund A that it would undertake a review of the Risk Equalisation Rule.
ICCL is pleased to announce the publication of its consultation paper which proposes amendments to the current Risk Equalisation Rule. The consultation process is open from 24 November 2023 until 12 January 2024.
A copy of the Consultation Document is available from the 'Publications' section of our website.
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