... solvency, capital, and local asset requirements, which are set for ensuring sufficient loss absorption capability of authorized insurers must be met. All other requirements under the relevant guidelines should apply, except where the IA agrees to exempt or modify after due consideration. All...

... counter-measures to Ukraine. You may wish to refer to my letter of 10 December 2001 advising on the application of counter-measures to Nauru. In this regard, the same set of counter-measures described herein should apply to Nauru and Ukraine from now on. The FATF will further review the NCCT list....

... Terrorist [SDGT] Entities. Detailed information is set out in Annex. You should review your records carefully to see whether you have had, or currently have, accounts, transactions or dealings with the names identified in the list. If such review reveals any suspicious accounts, transactions or...

... GL20. A private group for the insurance sector has already been set up on the platform to facilitate sharing and collaboration, and we encourage you to take part in this meaningful initiative. Registration Authorized insurers who are interested in joining the Cybersec Infohub should complete the...

... GL20. A private group for the insurance sector has already been set up on the platform to facilitate sharing and collaboration, and we encourage you to take part in this meaningful initiative. Registration Authorized insurers who are interested in joining the Cybersec Infohub should complete the...

... GL20. A private group for the insurance sector has already been set up on the platform to facilitate sharing and collaboration, and we encourage you to take part in this meaningful initiative. Registration Authorized insurers who are interested in joining the Cybersec Infohub should complete the...

... a global risk management centre, sustaining momentum on initiatives related to the Guangdong-Hong Kong-Macao Greater Bay Area development and bringing insurance products in line with societal aspirations.” In response to COVID-19, the IA rolled out a set of temporary facilitative...

... period should be closer to what the insurers expected in accordance with their set investment strategy. It should be noted that this may not be the case in extreme financial market situations. As participating policies are long term in nature, the ratio in the later policy years may, in general...

...) Ordinance (Cap. 628) (“the Ordinance”) came into operation on 7 July 2017. The Ordinance establishes a cross-financial sector resolution regime that is designed to meet the international standards set by the Financial Stability Board. It will strengthen the resilience of Hong Kong’s financial system and...

... will add a new section 129A to the Ordinance (set out in the SCHEDULE) to empower the IA to make rules on the requirements in paragraph 10 to 11 above. Consultation 13. This paper is published by the IA to consult the public on the draft Rules (see ANNEX A) which will be made pursuant to new section...