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Insurance Regulatory Statements

Insurance Regulatory Statements

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Regulatory Statements provide details on how entities (including non-regulated entities in some cases) must comply with legislative requirements. While both Rules and Regulatory Statements legally require compliance, Regulatory Statements are used by BCFSA to provide further details/direction related to an established requirement (e.g. form and content of a submission to BCFSA, including applications and reports).

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Plan Termination Requirements and Checklist (will open in a new tab)

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Target Benefit Provision for Adverse Deviation Exemption and Related Amendments (will open in a new tab)

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Charitable Donation of Life Insurance Policies in British Columbia (will open in a new tab)

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COVID-19: Frequently Asked Questions (UPDATED) (will open in a new tab)

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CIA Standards of Practice Section 3500 - Revised Pension Commuted Values (will open in a new tab)

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COVID-19: Relief Measures for Pension Plans in BC (will open in a new tab)

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Frequently Asked Questions pertaining to the new defined benefit funding requirements effective December 31, 2019 (will open in a new tab)

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Updated Extension of Solvency Deficiency Payment Period (will open in a new tab)

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Additional Disclosure Statement Requirements for Development Property Consisting of Five or More Strata Lots Regarding Assignments of Purchase Agreements (will open in a new tab)

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Policy Statement 16 (will open in a new tab)

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