... authorized insurers taken into account, and contains a set of Frequently Asked Questions (“FAQs”) to help illustrate the relevant requirements. The FAQs are not intended to be exhaustive, and will be kept under review and updated when necessary. We will conduct two briefing sessions jointly with the HKFI to...

... Annual Compliance Certification Guideline on Anti-Money Laundering and Counter-Terrorist Financing (November 2018 version) (“the Guideline”) i issued under S7 of the AMLO and S133 of the IO (Only applicable to Member engaged in Long Term Insurance Business) This is to certify that: 1 A Compliance...

... in respect of Anti-Money Laundering and Counter Terrorist Financing (“GL3A”) (“the revised Guidelines”) have been published in the Gazette (G.N. 5700 of 2019) today. On 23 September 2019, the Insurance Authority will take over from the self- regulatory organizations to become the sole regulator of...

..., Indonesia and also active in Indonesia’s eastern provinces.  Its former leader is was Abu Wardah, a.k.a. Santoso (deceased not listed).  INTERPOL-UN Security Council Special Notice web link: https://www.interpol.int/en/notice/search/une/5919482 (https://www.interpol.int/en/notice/search/une/5919482) The...

... identify, monitor, manage and mitigate risks, we would like to see endeavours made by insurers to move towards the objectives for enhancing their ERM frameworks. GL21 is also available on the IA’s website at the Guidelines section (https://ia.org.hk/en/legislative_framework/guidelines.html) and the Insurer...

... implementation of Hong Kong Financial Reporting Standard 17 (“HKFRS 17”). In September 2018, we conducted a Readiness Assessment Survey to understand the preparation status of authorized insurers and their challenges in implementing the standard1. We have received positive feedback on the initiative and also...

... Request Form” (https://www.pcpd.org.hk/english/publications/files/Dforme.pdf) to the Personal Data Privacy Officer of the Insurance Authority at 19/F, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong. The Insurance Authority may charge a reasonable fee for complying with your data access request. mailto...