... noting that the ICB has no jurisdiction over insurance intermediaries’ misconduct. The ICB continues to have a compulsory membership of all authorised insurers carrying on personal insurance business in Hong Kong. The independence and impartiality of the ICB are partly reflected by the composition of its...

... Circular providing Interpretation Notes relating to the Guideline on Cooling-off Period (GL29) 1 September 2020 Our Ref: INS/TEC/6/69 By Email Only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Circular providing Interpretation Notes relating to...

... Proposed New Rules, Codes and Guidelines We are developing a new set of rules, codes and guidelines for the supervision of licensed insurance intermediaries under new regime.  When setting the new requirements, references are made to the rules and regulations...

... INFORMATION Copyright © 2020 InvestHK and Insurance Authority. All rights reserved. Regulatory requirements on captive insurers Regulatory requirements on insurers Insurtech Facilitation Team Fast track for applications for authorizations of new insurers owning and operating solely digital distribution...

... INFORMATION Copyright © 2020 InvestHK and Insurance Authority. All rights reserved. Regulatory requirements on captive insurers Regulatory requirements on insurers Insurtech Facilitation Team Fast track for applications for authorizations of new insurers owning and operating solely digital distribution...

... facilitate Hong Kong residents transacting online with the Government and commercial entities by enabling them to use a single unique electronic identity. Hong Kong residents can register and use iAM Smart free of charge and on a voluntary basis. This new initiative is scheduled to be launched in the fourth...

... Counter-Terrorist Financing (Financial Institutions) Ordinance and Guideline on Anti-Money Laundering and Counter-Terrorist Financing. • The PowerPoint materials of this presentation may be used for personal viewing purposes or for use within an insurance institution. These materials may not be reproduced for or...

... Counter-Terrorist Financing (Financial Institutions) Ordinance and Guideline on Anti-Money Laundering and Counter-Terrorist Financing. • The PowerPoint materials of this presentation may be used for personal viewing purposes or for use within an insurance institution. These materials may not be reproduced for or...

... Counter-Terrorist Financing (Financial Institutions) Ordinance and Guideline on Anti-Money Laundering and Counter-Terrorist Financing. • The PowerPoint materials of this presentation may be used for personal viewing purposes or for use within an insurance institution. These materials may not be reproduced for or...

... IAA leaflet_2020_v1 Table 1: Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the Insurance Authority (IA) through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an...