... : Authorized Representatives of Life Insurance Members (“LIMs”) cc : Ms Carol Hui, Assistant Commissioner of Insurance From : Stuart Fraser, Chairman, Life Insurance Council (“LIC”) Date : 22 December 2014 Subject : Updated Requirements Relating to the Sale of Investment Linked Assurance Scheme (“ILAS”) to...

... Page 1 of 4 Strategic Plan to Strengthen Hong Kong’s Financial Ecosystem to Support a Greener and More Sustainable Future As one of the defining issues of our time, climate change knows no borders and is a source of multiple risks affecting both the real economy and the entire financial system....

... terrorist associates designated by the United Nations Security Council Committee (“Committee”) has been specified under the United Nations (Anti-Terrorism Measures) Ordinance (“UNATMO”). The list has been published in the Gazette (G.N. 5538) on 4 August 2017 and is available on the Government’s website http...

... Licensed Insurance Intermediaries Licensed Insurance Agents Types of Licensed Insurance Agents Under section 2 of the Insurance Ordinance (Cap.41) (“IO”), licensed insurance agent means a licensed insurance agency, a licensed...

... September 2019 to 31 July 2021 In our circular dated 23 July 2021, we published the Penalty Framework for Non-Compliance with Continuing Professional Development (“CPD”) Requirements (“CPD Penalty Framework”). This outlined, among other matters, the disciplinary actions the Insurance Authority (“IA”) would...

... that a new consolidated list of names designated by the United Nations Security Council Committee was published in the Gazette (G.N. 1596) on 14 March 2003 in accordance with the Ordinance. The gazetted list is available on the Government website (www.info.gov.hk/pd/content/index.htm) under Gazette...

... that a new consolidated list of names designated by the United Nations Security Council Committee was published in the Gazette (G.N. 1793) on 21 March 2003 in accordance with the Regulation. The gazetted list is available on the Government website www.info.gov.hk/pd/content/index.htm) under Gazette...

... Important Notes Before You Proceed Important Notes Before you ProceedReturn SubmissionDownload AreaEnquiryFAQsNotes on collection of Levy on Insurance PremiumSystem Maintenance Schedule   The periods for return submission in each year...

... Virtual onboarding via video conferences with intermediaries Introduction Although the insurance market in Hong Kong is relatively mature and well developed, there is a glaring protection gap in the life insurance market. The Insurance Authority (IA...

... 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...