... intermediaries are advised to seek professional legal advice if they have any questions relating to the application or interpretation of the relevant provisions of the Guideline. These Interpretation Notes do not have the force of law and should not be interpreted in a way that would override the provision of...

... intermediaries are advised to seek professional legal advice if they have any questions relating to the application or interpretation of the relevant provisions of the Guideline. These Interpretation Notes do not have the force of law and should not be interpreted in a way that would override the provision of...

... long way to attend this meeting shows a collective recognition of AFIR’s role in helping us reflect on our regulatory frameworks to address new risks, fill supervisory gaps and seize new opportunities. 5 I sincerely hope the meeting today and tomorrow will live up to your expectations and reinforce the...

... pecuniary penalty by an authorized insurer. 1.3 Under section 41R, in exercising the power to impose pecuniary penalty under section 41P of the Ordinance, the IA shall have regard to this Guideline which indicates the way in which it proposes to exercise that power. 2. Scope of Application 2.1 This...

... long way to attend this meeting shows a collective recognition of AFIR’s role in helping us reflect on our regulatory frameworks to address new risks, fill supervisory gaps and seize new opportunities. 5 I sincerely hope the meeting today and tomorrow will live up to your expectations and reinforce the...

... apply innovation and technologies in a way that could nurture synergies with product design and service improvement. Looking beyond our domestic market, the 14th Five-Year Plan (2021-2025) released two months ago placed emphasis on acceleration of establishing a “dual circulation” development pattern....

... Kong will strive for carbon neutrality before 2050, and stand ready to support the strategies and measures that will come out of the updating of the Hong Kong’s Climate Action Plan in mid-2021. To enhance transparency on the way forward for Hong Kong, the Steering Group has developed a...

... long way to attend this meeting shows a collective recognition of AFIR’s role in helping us reflect on our regulatory frameworks to address new risks, fill supervisory gaps and seize new opportunities. 5 I sincerely hope the meeting today and tomorrow will live up to your expectations and reinforce the...

... for Insurtech development. The IA has been engaging in two-way communication with fellow regulators (such as the Hong Kong Monetary Authority and the Securities and Futures Commission) 4 as well as insurance industry to develop the appropriate infrastructure, to support insurers and insurance...

... for Insurtech development. The IA has been engaging in two-way communication with fellow regulators (such as the Hong Kong Monetary Authority and the Securities and Futures Commission) 4 as well as insurance industry to develop the appropriate infrastructure, to support insurers and insurance...