... Organizations 1 (“SROs”) on 23 September 2019 (“Commencement Date”), with the Insurance Companies (Amendment) Ordinance 2015 (Commencement) Notice 2019 to be gazetted in May 2019 to complete the prerequisite. The takeover will mark a major milestone and a reformatory change for the insurance industry as the IA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_14.05.2019.pdf -
Date: 2019-11-29
... † Please tick the appropriate box. Version: June 2021 1 Form S5 Supplemental Form Information on Director/Controller (Individual) This Form is to be completed for each director/controller1 of a licensed insurance agency, a licensed insurance broker company or an applicant for an insurance agency...
https://www.ia.org.hk/english/infocenter/forms/files/Form_S5_Eng_June_2021.pdf -
Date: 2022-01-06
... † Please tick the appropriate box. Version: June 2021 1 Form S5 Supplemental Form Information on Director/Controller (Individual) This Form is to be completed for each director/controller1 of a licensed insurance agency, a licensed insurance broker company or an applicant for an insurance agency...
https://www.ia.org.hk/english/infocenter/forms/files/Form_S5_Eng_June_2021.pdf -
Date: 2022-05-31
... 1 Các biện pháp hiện hữu và hoạch định về việc thúc đẩy bình đẳng chủng tộc Cục Quản Lý Ngành Bảo Hiểm (The Insurance Authority) Chức năng chính của Cục Quản Lý Ngành Bảo Hiểm ("IA") là điều chỉnh và giám sát ngành bảo hiểm nhằm thúc đẩy sự ổn định chung của ngành bảo hiểm và bảo vệ các...
https://www.ia.org.hk/english/aboutus/files/IA_EM_checklist-e-fair-Vietnamese.pdf -
Date: 2021-11-01
... Statements issued by the Financial Action Task Force (“FATF”) Our Ref: INS/TEC/6/45 14 July 2020 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 18 March 2020, we...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/Cirdd1472020.pdf -
Date: 2020-11-13
... been actively promoting Insurtech development in Hong Kong and is committed to building a regulatory environment conducive to the application of innovative technology in the insurance sector: 1. Initiatives to promote Insurtech The IA launched two pilot initiatives, Insurtech...
https://www.ia.org.hk/english/digital_onboarding/promotion_of_insurtech_development.html -
Date: 2024-01-18
... framework which protect policyholder interests, are underpinned by the deterrence of proportionate enforcement action if breached. During the financial year from 1 April 2022 to 31 March 2023, the IA took 13 disciplinary actions against current and former insurance intermediaries in relation to...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Article_02).html -
Date: 2023-09-18
... developing a roadmap1 on the appropriate adoption of the IFRS Sustainability Disclosure Standards. The roadmap will comprise four key areas — sustainability reporting, assurance, data and technology, and capacity building. The working group will start engaging with stakeholders to identify Hong Kong-specific...
https://www.ia.org.hk/english/infocenter/press_releases/20240108.html -
Date: 2024-01-09
... Consultation Conclusions on a Risk-based Capital Framework for the Insurance Industry of Hong Kong 1 Consultation on a Risk-based Capital Framework for the Insurance Industry of Hong Kong Consultation Conclusions Background 1. The Insurance Authority (“IA”) conducted a three-month consultation...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03