... following understanding: I. Definitions 2. For the purposes of this Memorandum of Understanding, the terms set out below have the assigned meanings unless the context requires otherwise: (a) “Authority” means: (i) for Ireland, the Central Bank of Ireland; and (ii) for the Hong Kong Special Administrative...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mou-cbi.pdf -
Date: 2020-06-19
... the rules and regulations made thereunder, to set standards for the authorization of collective investment schemes that are offered to the public and is responsible for the licensing and supervision of persons who are engaged in a regulated activity as defined under the SFO. 1.2 The IA is appointed...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mu200512.pdf -
Date: 2020-06-19
... Industry Advisory Committees The Insurance Authority ("IA") is required by law to set up two industry advisory committees (“IACs”) to advise it on matters in relation to long term business and general business respectively. Members...
https://www.ia.org.hk/english/aboutus/governance/industry_advisory_committees.html -
Date: 2023-06-26
... (Valuation and Capital) Rules set out the detailed capital adequacy requirements and prescribe the valuation of assets and liabilities of insurers under the RBC regime, whereas the draft Insurance (Submission of Statements, Reports and Information) Rules stipulate the types of returns, as well as frequency...
https://www.ia.org.hk/english/infocenter/press_releases/20231205.html -
Date: 2023-12-05
... The Government has set up a small preparatory team to provide support to the Authority for its establishment. To assist the Authority in overseeing various human resources, financial, administrative, external relations and auditing matters, three functional committees have been established, namely...
https://www.ia.org.hk/english/infocenter/files/iia_ar2015-16_ce.pdf -
Date: 2021-12-14
... The Government has set up a small preparatory team to provide support to the Authority for its establishment. To assist the Authority in overseeing various human resources, financial, administrative, external relations and auditing matters, three functional committees have been established, namely...
https://www.ia.org.hk/english/infocenter/files/iia_ar2015-16_ce.pdf -
Date: 2022-05-24
... The Government has set up a small preparatory team to provide support to the Authority for its establishment. To assist the Authority in overseeing various human resources, financial, administrative, external relations and auditing matters, three functional committees have been established, namely...
https://www.ia.org.hk/english/infocenter/files/iia_ar2015-16_ce.pdf -
Date: 2020-06-23
... Ordinance (Cap. 41) (“the Ordinance”) with reference to the requirements set out in the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors. It sets out prudent practices pertinent to reinsurance management...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
... Insurance Industry (“FTF”) has been set up to work hand in hand with the IA in exploring the future of the insurance industry. The FTF, chaired by Dr Moses Cheng, Chairman of the IA, comprises experts and professionals from the insurance industry and the academia. Apart from...
https://www.ia.org.hk/english/aboutus/task_force/introduction_of_future_task_force.html -
Date: 2018-11-01
... Note is to set out general guidance on the Insurance Authority’s expectations regarding the steps that a designated insurance holding company (“DIHC”) should take pursuant to particular provisions of the Insurance Ordinance (Cap. 41) and the Guideline on Group Supervision (GL32), in respect of “closely...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_06102021.pdf -
Date: 2021-12-10