... is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017, the fee payable upon authorization and...

... Security Council Committee was published in the Gazette (G.N. 8437 and G.N. 8798) on 28 November 2003 and 12 December 2003 in accordance with the Ordinance and the Regulation respectively. The new list is available on the Government website (www.info.gov.hk/pd/content/index1.htm) under Gazette: Government...

... September 2022. The scope of products covered (in-scope TFM products)2 and the implementation details of the measures remain unchanged. Extension of Insurtech Sandbox to all life insurance products To satisfy the growing needs of the general public for protective insurance products and...

... temporarily closed from tomorrow (29 January) to 2 February. Public services provided by the IA, including the handling of hotline and email enquiries, and complaints, will be suspended in the same period. The IA will keep reviewing the situation and announce any updates on the IA website...

... Anti-Money Laundering and Counter-Terrorist Financing Seminars 2017 20 October 2017 Our Ref: INS/TEC/6/45/3 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Anti-Money Laundering and Counter-Terrorist Financing Seminars 2017 To further enhance the...

... 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...

... extension of the Pilot Insurance-linked Securities Grant Scheme (Grant Scheme)1 for two years and the Pilot Programme to Enhance Talent Training for the Insurance Sector (Talent Training Programme)2 for three years respectively. “The National 14th Five-Year Plan has clearly...

... Circulars on Regulatory Matters 2017 Date Subject 24 November 2017 Guideline on "Fit and Proper" Criteria under the Insurance Ordinance (Cap. 41...

... Update for the attachment to the Study Notes for the General Insurance Examination (“GI Study Notes”) and the Long Term Insurance Examination (“LT Study Notes”) under the Insurance Intermediaries Qualifying Examination (“IIQE”) have just been issued. With the introduction of Voluntary Health Insurance...

... CPD Compliance Reporting for the Assessment Period 2021/2022 31 May 2022 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 broker companies Dear Sirs, Continuing Professional Development...