ABC Life Advances Compliance Management with Three Lines of Defense and Standard Review Tools

ABC Life Insurance recently disclosed the status of its compliance management system, covering areas such as organizational structure, institutional building, risk control, culture cultivation, and issue rectification. The company has clarified compliance management responsibilities under the "three lines of defense" and built a compliance management organizational framework spanning decision-making, execution, and supervision across the entire process. It has also established a dynamic mechanism for establishing, amending, and abolishing internal rules, internalizing regulatory requirements into company policies. Meanwhile, the company continues to refine control matrices for key compliance risk points, raising the ratio of machine-based control over risk points, and keeping the compliance management system aligned with evolving regulatory requirements and business development.

In terms of refined risk control, ABC Life uses compliance review as an entry point. Centering on the four core business segments of institutions, products, sales, and operations, it has built a standardized compliance review tool library to manage compliance risks upfront. The company also conducts operational risk assessments for new product admissions, updates key operational risk indicators, and carries out routine risk monitoring and special investigations, strengthening risk early-warning and ensuring compliance requirements are implemented.

For compliance culture building, ABC Life primarily uses compliance training and thematic education. It organizes tiered and categorized compliance training sessions, and conducts themed campaigns tied to occasions such as the anti-economic-crime publicity day and the month for preventing illegal financial activities. In 2026, institutions at all levels organized 1,095 compliance training sessions and issued 221 compliance work reminders. The company intends to combine institutional constraints with cultural influence, transforming compliance concepts from external requirements into internal behavioral norms.

Addressing typical issues identified in regulatory penalties, ABC Life has established a problem-oriented rectification mechanism. The company analyzes high-frequency penalty points in the insurance industry and publishes notifications and work reminders, prompting institutions at all levels to conduct self-inspections and corrections. It also improves the coordinated rectification mechanism under the "three lines of defense," implementing root-cause remedies in areas such as institutional mechanisms, information systems, and warning education, with the goal of forming a continuously improving long-term mechanism. These measures are designed to consolidate the compliance foundation and support the company's sound operations.