... and is an individual who provides advice to a policy holder or potential policy holder on insurance matters for a Member, or negotiates or arranges contracts of insurance in or from Hong Kong on behalf of a Member for a policy holder or potential policy holder and who is registered as a Technical...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11a_CIB_Membership_Regulations_v11_15_7_2015_English_eg19.pdf -
Date: 2019-12-20
... carried out by the Hong Kong Monetary Authority 30 October 2020 Formation of the Insurance Authority’s Disciplinary Panel Pool and Publication of “Conduct in Focus” 29 October 2020 Applying the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2020.html -
Date: 2020-12-21
... of good insurance practice, any applicable rule of law or judicial authority; and any codes and guidelines issued from time to time by the Hong Kong Federation of Insurers (HKFI) or the ICB. In respect of the terms of the policy contract, these shall prevail unless they would, in the view of the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P6_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... Insurance Authority reprimands and imposes $7 million fine for multiple contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance 31 January 2022 The Insurance Authority (“IA”) has reprimanded and ordered the...
https://www.ia.org.hk/english/infocenter/press_releases/20220131.html -
Date: 2022-01-31
... (IA). As the CEO, I am responsible for the transition to a modernised insurance regulatory regime in line with international standards. The IA has widened its regulatory oversight over insurance companies and will directly supervise insurance intermediaries by mid-2019. We aim to provide policy...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2021-12-09
... (IA). As the CEO, I am responsible for the transition to a modernised insurance regulatory regime in line with international standards. The IA has widened its regulatory oversight over insurance companies and will directly supervise insurance intermediaries by mid-2019. We aim to provide policy...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2021-09-08
... (IA). As the CEO, I am responsible for the transition to a modernised insurance regulatory regime in line with international standards. The IA has widened its regulatory oversight over insurance companies and will directly supervise insurance intermediaries by mid-2019. We aim to provide policy...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2020-06-12
...) announced today (21 February 2020) a set of temporary facilitative measures1 to reduce the risk of infection from face-to-face meetings between intermediaries and their clients. These temporary facilitative measures cover only Qualifying Deferred Annuity Policy and Voluntary Health Insurance...
https://www.ia.org.hk/english/infocenter/press_releases/20200221.html -
Date: 2020-02-22
..., because the agreement is not legally recognised as valid. Contracts comprise promises or undertakings, usually given in exchange for a promise or undertaking from the other side. In legal terminology, contracts are something intangible. Therefore, an insurance policy in itself is not a contract; instead...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... Policy Replacement 6. Guideline on Financial Needs Analysis 7. Guideline on Use of Gifts 8. Guideline on Sale of ILAS 9. Guideline on Benefit Illustrations for Long Term Insurance Policies Main Progress in Implementation Rules, Codes and Guidelines Others Progress Explanatory Note on Licensing...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Ms_Peggy_Fu.pdf -
Date: 2021-12-09