The Macau Insurance Industry Professionals Association (MIIPA) has once again been invited by the Macau Institute of Financial Services (IFS) and co-organized a 5-hour Continuing Professional Development (CPD) course on Actuarial Knowledge on 12th and 13th January 2024. Invited Mr. Xerxes Wong, Vice President Head of Regulatory Research Department and also FWD Group Actuarial Vice President, and Mr. Leandro Ao, Director of Actuarial Services of KPMG, to be the instructors. The course discussed the latest actuarial standards and methodologies in insurance, including Risk Based Capital based insurance capital management and product pricing based on the latest International Financial Reporting Standards (IFRS17) and embedded value.