... routinely or in response to a request, and lays down procedures governing its prompt release. The Code authorizes and requires IA staff, routinely or on request, to provide information unless there are specific reasons for not doing so. These reasons are set out in Part 2 and will normally be cited if a...

... of solvency. The solvency margin calculation is set out in Section 10 of the ICO for general insurers, and in the Insurance Companies (Margin of Solvency) Regulation for long- term insurers. 2.1.3 The ICO sets out the requirement for an insurer to maintain separate assets in separate long-term...

... extended beyond the original date of 31 December 2003. You will be advised of the revised implementation date when further developments are made in the international arena. In the meantime, you are required to adhere to the requirements set out in the Guidance Note on Prevention of Money Laundering issued...

...;. The US Government has also added aliases to some existing designated foreign terrorist organizations listed under Details of Specially Designated Global Terrorist [SDGT] Entities. The designated foreign terrorist organizations and their newly added aliases are also set out in Annex. You...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... under the Insurance Ordinance (Cap. 41) Requirements for a Licensed Insurance Broker Company Appointment of a Responsible Officer approved by the IA Maintenance of a client account with a bank in Hong Kong Compliance with the requirements set...

... development of the ILS market in Hong Kong, the two-year Pilot ILS Grant Scheme was announced in the 2021-22 Budget. The Scheme offers grants to eligibly ILS issuances in Hong Kong to cover up to 100% or HK$ 12 million of upfront costs. Details of the Pilot ILS Grant Scheme are set out in the...

... cases are set out in Annex A for reference. MAXIUMUM LEVY 9. A maximum levy (Column 3 and 4 of the Table in paragraph 6) is imposed on general insurance policies and long term insurance policies 3 Inception date, in relation to a contract of insurance, means the date on which the first premium under the...

... cases are set out in Annex A for reference. MAXIUMUM LEVY 9. A maximum levy (Column 3 and 4 of the Table in paragraph 6) is imposed on general insurance policies and long term insurance policies 3 Inception date, in relation to a contract of insurance, means the date on which the first premium under the...