...”). The IA issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline after consultation with the key stakeholders. The Interpretation Notes are prepared in the form of Frequently Asked Questions to...

... experience in the past 12 months, we thought it helpful to draw your attention to certain requirements of the new regime applicable to licensed insurance agencies which may require improved awareness and observance. A number of these requirements, if contravened give rise to offences under the Ordinance. It...

... personal data is voluntary. However, failure to provide such data may make it impossible to communicate with you. Purpose of Collection: The personal data you provide will be used for future correspondence and in relation to this survey. Transfer of Personal Data: For the purposes of collection mentioned...

... statutory conduct requirements when they engage in conducting sales and marketing activities and giving advice in relation to MPF schemes. The MPFA has issued the Guidelines on Conduct Requirements for Registered Intermediaries to assist the registered MPF intermediaries in understanding how to comply with...

... Audited statistics of Hong Kong insurance industry in 2022 29 September 2023 The Insurance Authority (IA) released the Hong Kong insurance business statistics for 2022 today (29 September 2023), making reference to audited returns and actuarial data...

... on Hong Kong Financial Reporting Standard 17 (“HKFRS 17”), we would like to enlist your support for and participation in a survey on HKFRS 17. The objective of this survey is to understand the readiness of the industry and the challenges that the industry faces in implementing HKFRS 17, which will be...

... Continuing Professional Development (“CPD”) Requirements - CPD Compliance Reporting for Combined Assessment Periods 2019/20 and 2020/21 Detailed instructions for reporting by principals to the Insurance Authority (“IA”) 7 July 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all...

... Continuing Professional Development (“CPD”) Requirements - CPD Compliance Reporting for Combined Assessment Periods 2019/20 and 2020/21 Detailed instructions for reporting by principals to the Insurance Authority (“IA”) 7 July 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all...

... Authority, as well as to hear and determine a question or issue arising out of or in connection with a review by the IAT. The IAT’s chairperson, who is a former judge or a person qualified for appointing as a High Court judge, shall be appointed by the Chief Executive. An IAT comprises the...

... Consultation Paper on the Proposed Guidelines for Fit and Proper Criteria and Continuing Professional Development for Licensed Insurance Intermediaries Consultation Paper Template for feedback to Consultation Paper: ...