... general guiding principles which the IA uses in assessing the effectiveness of an insurer’s cybersecurity framework. 1.2 Cyber risk is one of the most significant operational risks that insurers face, particularly with regard to the business operations they conduct digitally and on-line. Cybersecurity...

... does not have the force of law and should not be interpreted in a way that would override the provision of any law. A non-compliance with the provisions in this Guideline would not by itself render an authorized insurer liable to judicial or other proceedings. A non-compliance may, however, reflect on...

... 8 November 2001 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Freezing Terrorist Assets United States Executive Order 13224 ("Executive...

... 28 December 2001 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, United States Executive Order 13224 ( " Executive Order " ) I...

... New Regulation Landscape for Insurance Intermediaries Updates on the New Insurance Intermediaries Regulatory Regime Mr Stephen Po Executive Director , Market Conduct Division 26 September 2017 Agenda • Background information • New Regulatory Regime & Transition • Industry Collaboration • New...

... New Regulation Landscape for Insurance Intermediaries Updates on the New Insurance Intermediaries Regulatory Regime Mr Stephen Po Executive Director , Market Conduct Division 26 September 2017 Agenda • Background information • New Regulatory Regime & Transition • Industry Collaboration • New...

... New Regulation Landscape for Insurance Intermediaries Updates on the New Insurance Intermediaries Regulatory Regime Mr Stephen Po Executive Director , Market Conduct Division 26 September 2017 Agenda • Background information • New Regulatory Regime & Transition • Industry Collaboration • New...

... cases when the brokers are vested with the obligation to deliver policies to clients, delay in doing on their part has deprived the clients of their right under the Cooling-off Initiative promulgated by the Hong Kong Federation of Insurers (“HKFI”). Cooling-off Period Life insurers in Hong Kong have...

... qualification/course may be required.  Please refer to Annex 2 (Exemptions) to the Guideline on “Fit and Proper” Criteria for details about the exemption criteria for the minimum education requirements.  If you had used a Mainland qualification for first registration with the Insurance Agents Registration...

... Companies Ordinance (Cap. 622) to “mean any two or more bodies corporate one of which is the holding company of the other or others”.  With the enactment of the Insurance Companies (Amendment) Ordinance 1997 on 1 May 1997, concessions are in place in the regulatory framework to...