... United Nations Sanctions and Revised Approach on Sanctions-related Notices Update 2 February 2018 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, United Nations Sanctions and Revised Approach on Sanctions-related Notices Update In...

... will there be any extension. Q2: Do these new requirements apply to applicants who may undertake fulfilment in Hong Kong but live overseas? A2: Yes, the new requirements apply to all ILAS customers effecting a policy regardless of overseas residency. In particular, there is no exception to the...

... information on a separate sheet. Name of Applicant Relevant Details 1. Name of the professional, trade or regulatory body 2. Background information 3. Details of the disciplinary sanction (including the date of the decision, sanction and penalty imposed...

... information on a separate sheet. Name of Applicant Relevant Details 1. Name of the professional, trade or regulatory body 2. Background information 3. Details of the disciplinary sanction (including the date of the decision, sanction and penalty imposed...

... continue to adhere strictly to the principle of fair treatment of customers. For details, please refer to the IA circulars issued to authorized life insurers on 21 February, 27 March, 15 June, 4 September, 2 December 2020, 24 February, 27 May, 13 September 2021, 4 March and 9...

... Appointment of Advisors for the Tahoe Life Insurance Company Limited 16 August 2023 The Insurance Authority (IA) today (16 August 2023) invoked powers under Section 35(2)(a) of the Insurance Ordinance (Cap. 41) to appoint Mr Peter Whalley and Mr...

... of the Insurance Authority’s Initiatives on FinTech Speakers: (1) Mr. Raymond Tam Executive Director, Policy and Development, Insurance Authority (2) Ms. Carol Hui Executive Director, Long Term Business, Insurance Authority (3) Mr. Simon Lam Executive Director, General Business, Insurance Authority 4...

... as outsourcing. Q2 If a property management company is engaged to provide leasing and maintenance services for an authorized insurer’s investment properties, would such services be regarded as outsourcing? A2 Such service is regarded as portfolio management and falls under “investment management” in...

..., the IA will take into account, amongst other relevant considerations, the impact of the coronavirus situation on the insurance broker to see if the extension is justifiable and may impose any conditions that it considers appropriate. /… - 2 - If you have any question concerning the above, please...

... new regime will expire on 31 July 2020. Under normal circumstances, individual licensees are required to report their CPD compliance no later than 2 months after the expiration of the relevant Assessment Period (i.e. by 30 September 2020). Please refer to the various tables in Annex 3 to GL24 for the...