... Awareness on Roles & Value of Insurance IA’s Statutory Functions IA’s Insurtech Regulatory Approach Balance Risks and Innovation Technology Neutral Encourage Collaboration IA’s role in Facilitating Insurtech Development 3 Societal Needs on Medical Care and Retirement Planning Address Regulatory Concerns...

... Anti-Money Laundering and Counter-Terrorist Financing Ordinance ("AMLO") (Cap. 615) Important Note: Frequently Asked Questions ("FAQs") in relation to Anti-Money Laundering and Counter-Terrorist Financing ("AML/CFT") below do not form part of the Guideline on...

... Pass” Arrangement The fifth wave of community outbreak precipitated by the Omicron variant is raging in recent weeks, leading to a rapid surge of infected cases. To cope with this real and present threat, the Insurance Authority has introduced a “vaccine pass” arrangement on 16 February 2022 whereby...

... GL 22 GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF REGULATED PERSONS UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction …………………………………………………...... 1 2. Scope of Application …………………………………………… 1 3. Considerations in Exercising the IA’s...

... GL 22 GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF REGULATED PERSONS UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction …………………………………………………...... 1 2. Scope of Application …………………………………………… 1 3. Considerations in Exercising the IA’s...

... supervision and regulation of insurance intermediaries on 23 September 2019, all insurance agencies, their responsible officers (“ROs”) and their technical representatives (“TRs”) registered with Insurance Agents Registration Board immediately prior to that date, were automatically granted a licence under the...

... direct supervision and regulation of insurance intermediaries on 23 September 2019, all insurance broker companies, their chief executives (now responsible officers (“ROs”)) and their technical representatives (“TRs”) registered with either the Hong Kong Confederation of Insurance Brokers (“CIB”) or the...

... List of Captive Insurers Below is a list of captive insurers authorised to carry on insurance business in or from Hong Kong as at 30 June 2020: Name of Insurer CGN Captive Insurance...

... 17 September 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all authorized insurers, Responsible Officers of all licensed insurance agencies and licensed insurance brokers companies Dear Sirs, FAQs on CPD Penalty Framework and CPD Compliance Reporting In our circular dated 23 July...