... industry on possible involvement or interaction with activities related to virtual assets (“VAs”) and Virtual Asset Service Providers (“VASPs”). This circular provides guidance on the pertinent issues that authorized insurers should take into account on this topic. Regulatory Developments In light of the...

... annual report gives an overview of key activities carried out by the IA to forge Hong Kong into a global risk management centre and regional insurance hub by leveraging on the “dual circulation” strategy. On domestic circulation, the IA is cooperating closely with relevant Mainland...

... Consultation conclusions on the Insurance (Group Capital) Rules 28 December 2020 The Insurance Authority (IA) today (28 December 2020) published the consultation conclusions on the draft Insurance (Group Capital) Rules (the Group Capital Rules) in...

... protection of policy holders’ interests . Appointment by Principal . Compliance with the new education requirements as specified in the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries . Compliance with Insurance Intermediaries Qualifying Examination (“IIQE”) requirements unless...

... protection of policy holders’ interests . Appointment by Principal . Compliance with the new education requirements as specified in the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries . Compliance with Insurance Intermediaries Qualifying Examination (“IIQE”) requirements unless...

... proliferation of weapons of mass destruction (“WMD”) and its financing. The FATF calls on its members and urges other jurisdictions to apply effective counter-measures and targeted financial sanctions in accordance with applicable United Nations Security Council Resolutions to protect their financial sectors...

... General Circular 36/04 -1 - CIB-GN(6) (Issued on 15 October 2007) (Revised on 15 March 2012) Guidance Note on Documentary Proof of Educational Attainment for Registration’s Purpose According to Membership Regulation 3.5, the General Committee is issuing this Guidance Note on Documentary Proof of...

...;The IA is delighted to enter into the Agreement with the GFSC, enabling co-operation and assistance in Fintech innovation for both markets. We believe such agreement will create business opportunities for Fintech firms on a global reach,” said Mr John Leung, Chief Executive Officer of the IA....

... related to the proliferation of weapons of mass destruction (“WMD”) and its financing. The FATF calls on its members and urges other jurisdictions to apply effective counter-measures and targeted financial sanctions in accordance with applicable United Nations Security Council Resolutions to protect their...