... appointment or two appointments for the purposes of the cap (which depends on whether the scope of the agent’s appointment is limited to one line of business or extended to both general business and long term business). The existing framework is currently set out in paragraphs 21-22 of the Code of Practice...

... Regulatory Bodies Outside Hong Kong 1 Sep 2021 China Banking and Insurance Regulatory Commission MoU on Fintech Co-operation Please click here for the Press Release 1 Sep 2021...

... date on which it is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation1 (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017 [save any unforeseen...

... penalty on the regulated person and the penalty amount. The Guideline will take effect upon commencement of regulation of insurance intermediaries by the IA. However, all cases of alleged contravention of applicable rules or requirements that occurred before the commencement date will be...

... Requirements on Captive Insurers In Hong Kong, a captive insurer is legally defined under the Insurance Ordinance (Cap. 41) as an insurer which carries on general insurance business only and its business (i) does not relate to any liabilities or risks in...

... green and sustainable causes Innovation Capitalise on the opportunities presented by the Mainland to develop Hong Kong into a green �nance centre in the Guangdong-Hong Kong-Macao Greater Bay Area Mainland Opportunities Strengthen regional and inter- national collaboration Collaboration Green and...

...; fitness and properness of authorized representative of Lloyd’s; reporting requirements; maintenance of local assets in Hong Kong; and regulation on insurance intermediaries. Lloyd's is also subject to the interventionary powers and certain...

... (“Committee”) has been specified under the United Nations (Anti-Terrorism Measures) Ordinance (“UNATMO”). The list has been published in the Gazette (G.N. 5773) on 11 August 2017 and is available on the Government’s website http://www.gld.gov.hk/egazette/. Relevant press release issued by the Committee is...

... Asian Financial Forum (AFF)1, where industry leaders and experts shared insights on the changing risk appetite of businesses, and how the industry could turn these challenges into opportunities through innovations. “Hong Kong has an extremely resilient insurance market and one of the...

... 5 October 2001 To: Chief Executive of all authorized insurance institutions       carrying on long term business Dear Sir/Madam, Non-cooperative Countries and Territories & United States Executive Order on...