..., Queensway Government Offices, 66 Queensway, Hong Kong, and the Financial Reporting Council (FRC) of 29th floor, Queensway Government Offices, 66 Queensway, Hong Kong. I. Interpretation 1. “Auditing or reporting irregularity” means a relevant irregularity as defined by section 4 of the FRCO. For ease of...

..., Queensway Government Offices, 66 Queensway, Hong Kong, and the Financial Reporting Council (FRC) of 29th floor, Queensway Government Offices, 66 Queensway, Hong Kong. I. Interpretation 1. “Auditing or reporting irregularity” means a relevant irregularity as defined by section 4 of the FRCO. For ease of...

... 1 Asian Insurance Forum 2021 “Opportunities and Challenges in the Post-pandemic New Normal” 7 December 2021 Welcome Remarks by Dr Moses Cheng Chairman of the Hong Kong Insurance Authority Chief Executive the Honourable Mrs Carrie Lam, Mr Yin1 , Mr Dixon2 , friends and colleagues, ladies and...

... Statements issued by the Financial Action Task Force (“FATF”) Our Ref: INS/TEC/6/45 16 March 2022 To : Chief Executives / Responsible Officers of all insurance institutions (“IIs”)1 Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 12 November 2021...

... available for the three basic IIQE papers: the (1) Principles and Practice of Insurance (P&P) paper, (2) General Insurance (GI) paper, and (3) Long Term Insurance (LT) paper. If an individual passes the relevant RIME papers, it would be considered “as if” he/she has passed the equivalent IIQE papers, and...

... Insurance Authority introduces new initiatives to facilitate Insurtech in Hong Kong 29 September 2017 The Insurance Authority (IA) today (29 September 2017) launched two pilot initiatives, namely Insurtech1 Sandbox and Fast Track, to promote the...

... Self-Regulatory Organizations (SROs)1 and be responsible for all aspects of the regulation of insurance intermediaries in Hong Kong, including granting licences, conducting inspections and investigations, and imposing disciplinary sanctions where applicable. “This exercise is a monumental phase of...

... Insurance Authority starts direct regulation of insurance intermediaries 23 September 2019 Starting from today (23 September 2019), the Insurance Authority (IA) will take over from the three Self-Regulatory Organisations (SROs)1 the responsibility...

... The membership list of the DPP is available on the IA website. “In developing the disciplinary mechanism under the new direct regulatory regime for insurance intermediaries1, our aim has been to implement a process that is fair, efficient and robust,” said Mr Peter Gregoire, Head...

... achievements made during the reporting period include taking over responsibility from the three former Self-Regulatory Organisations1 , engaging the industry in finalising the Risk-based Capital Regime, devising a group-wide supervisory framework, introducing measures to enhance competitiveness of Hong Kong as...