... of over 300 in a year’s time. We are setting up a direct licensing regime of insurance intermediaries with a view to taking over the regulatory functions from the three Self-Regulatory Organisations in mid-2019. More importantly, the IA has also taken up the new role, the double responsibility in...

... representative of a broker company and prejudiced the interests of his policy holder client as a result. Disciplinary action, in the IA’s view, is therefore justified. In deciding the disciplinary sanction to be imposed under section 81 of the Insurance Ordinance, the IA weighed all relevant...

... of over 300 in a year’s time. We are setting up a direct licensing regime of insurance intermediaries with a view to taking over the regulatory functions from the three Self-Regulatory Organisations in mid-2019. More importantly, the IA has also taken up the new role, the double responsibility in...

... sector, the FATF calls for its member to continue to apply counter-measures against this jurisdiction. Accordingly, you should continue to apply the counter-measures against Nauru as set out in my letter of 10 December 2001. Furthermore, in view of the inadequate progress made by Nigeria and...

...;As part of our effort to consolidate Hong Kong’s status as a global risk management centre, the IA will continue to nurture a vibrant ecosystem for green insurance with a view to enabling the insurance industry to develop while delivering its social value,” Mr Chan added. Ends...

... Insurance Authority introduces temporary facilitative measures to reduce the risk of virus infection in the selling process of selected insurance products 21 February 2020 In view of the recent novel coronavirus outbreak, the Insurance Authority (IA...

... for Private Entities (HKFRS-PE) and the Small and Medium-sized Entity Financial Reporting Framework and Financial Reporting Standard. Which financial reporting framework should be adopted by a licensed insurance broker company incorporated in Hong Kong for the purpose of giving a true and fair view of...

... for Private Entities (HKFRS-PE) and the Small and Medium-sized Entity Financial Reporting Framework and Financial Reporting Standard. Which financial reporting framework should be adopted by a licensed insurance broker company incorporated in Hong Kong for the purpose of giving a true and fair view of...

... In view of the inadequate progress made by the Philippines to address the serious deficiencies in its anti-money laundering regime, the FATF has also decided to recommend the application of additional unter-measures with respect to the Philippines as from 30 September 2001 unless its government...

... and an auditor’s report stating whether the auditor is of the opinion that the broker company has continued to comply with the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (Cap.41L) (“the required documents”). In view of the impact of the recent outbreak...