To facilitate the efforts of insurers to adopt the international RBC measurement scheme in 2026, the FSC, making reference to ICS 2.0 issued by the IAIS, has adopted the New Generation Insurance Solvency Regime and a 5 year work plan to gradually move toward the ICS framework. On 30 June 2022, the FSC issued reporting forms and form completion guidelines for the RBC measurement scheme for the insurance industry for the 1st half of 2022. The content of amendments include an adjusted interest risk capital charge methodology, and an adjusted risk factor of 33.75% applying to investments by insurance enterprises in domestic and offshore venture capital and private equity funds, plus an additional exchange rate risk factor of 6.61% applying to any overseas investments.