... you. You will be solely liable for any late penalty interest or defaulting interest imposed by the lender under the terms and conditions of the loan contract. 15. Impacts on cooling-off right: Your right to cancel this Policy within the cooling-off period may be assigned to the lender, and therefore...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Annex_01042022.pdf -
Date: 2022-05-31
... the first half of 2018, with total gross premiums reaching $253.7 billion, indicating an increase of 7.2% over the corresponding period in 2017. (Percentage changes in brackets in the following paragraphs represent changes over the corresponding period of last year) Long...
https://www.ia.org.hk/english/infocenter/press_releases/Insurance_Authority_releases_provisional_statistics_of_Hong_Kong_insurance_industry_in_the_first_half_of_2018.html -
Date: 2021-09-03
... Legislation, for a term of three years until January 2027. Mr Stephen Yiu, Chairman of the IA, said, “Armed with an impressive track period in public administration and financial supervision, Mr Lau is an ideal candidate to take up this senior position and contribute towards fulfilling our...
https://www.ia.org.hk/english/infocenter/press_releases/20240123.html -
Date: 2024-01-23
... new regime for 3-years. In this circular, these agencies, ROs and their TRs are referred to as “deemed licensees”. Each deemed licensee has a licence which runs from 23 September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Deemed_licensee_agency_company.pdf -
Date: 2020-12-21
... September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply for a new licence from the IA if they wish to continue to be a licensed insurance broker. Given the large number of deemed licensees, these applications need to be staggered...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Deemed_licensee_broker_company.pdf -
Date: 2020-12-21
...;SROs”)), including a transitional period of 3 years after commencement of the new regime (“Transitional Period”). Although the Transitional Period is ended on 22 September 2022, licence fee will continue to be waived for 5 years from the commencement of new regime....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/introduction_of_insurance_intermediaries.html -
Date: 2023-06-26
... trial including types of long term insurance products to be covered, length of the trial period (including different phases, if any), target customers (i.e. new / existing / vulnerable customers / Mainland China Visitors (“MCV”) etc), VC facility to be used (i.e. proprietary or third-party) and the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_05082020.pdf -
Date: 2020-12-21
... the period from 1 January to 31 December 2017: (3.1) (a) Percentage (%) of policies arranged for Hong Kong based individual policyholders (e.g. with Hong Kong identity cards) % (b) Percentage (%) of policies arranged for non-Hong Kong based individual policyholders (e.g. without Hong Kong identity...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/survey_broker_250418.pdf -
Date: 2018-11-30