... made during the past year to promote Hong Kong as a global risk management centre and a regional insurance hub.  “The Belt and Road Initiative and the Greater Bay Area development are cornerstones of our strategy to strengthen market sustainability and global competitiveness,&rdquo...

... two returns.  Only one reporting currency is acceptable for each return submission by separate batch, for example USD in one batch and CNY in another batch. Separate batches must be uploaded one at a time via the CSV upload function. Calculation of levy must be finalized...

... Survey of Insurance Brokers 25 April 2018 Our Ref: MC/SUR/BKR By Email To: Chief Executives of all authorized insurance brokers Dear Sirs, Survey of Insurance Brokers As you may be aware, the Insurance Authority (“IA”) is in the course of preparing for the regulation of insurance brokers through a...

... Development Course for Insurance Intermediaries 1 Apr 2020 – Mar 2021 Apr 2021 – Mar 2022 Ms Mabel Chu 2899 3795 “Ethics or Regulations”* See Note 1 & Note 1A Last updated on 5 May 2021 Reference No. 參考編號 Name of Organizer 舉辦機構 名稱 Title of Activity 活動名稱 No. of CPD hours 持續專業 培訓時數 Validity Period 有效期 Contact...

... declaration of cross-border transportation of cash or bearer instruments  3 International AML Standards FATF Recommendations 2012  Renumber and restructure 40 recommendations  Adopting a risk-based approach FATF Methodology 2013  Other than “Technical Compliance (“TC”)” assessment, “Effectiveness...

... declaration of cross-border transportation of cash or bearer instruments  3 International AML Standards FATF Recommendations 2012  Renumber and restructure 40 recommendations  Adopting a risk-based approach FATF Methodology 2013  Other than “Technical Compliance (“TC”)” assessment, “Effectiveness...

... regulatory requirements. Under the Sandbox initiative, pilot trials of Insurtech applications will be conducted in a controlled environment with sufficient safeguards for policy holders. Insurers can gain real market data and collect user feedback before their formal launch in the market. Fast...

... Self-Regulatory Organizations (SROs)1 and be responsible for all aspects of the regulation of insurance intermediaries in Hong Kong, including granting licences, conducting inspections and investigations, and imposing disciplinary sanctions where applicable. “This exercise is a monumental phase of...

...;. “Mandated by statute to facilitate sustainable development and promote competitiveness of the industry, the IA strives to ensure that insurance fulfils, first and foremost, a social role of risk mitigation while spurring economic growth,” said Mr Stephen Yiu, Chairman of the IA. The...