... industry. In developing the QIS 3 package, the IA has worked on the industry data collected from the Second Quantitative Impact Study (QIS 2), and engaged representatives of the Hong Kong Federation of Insurers and the Actuarial Society of Hong Kong for technical discussion, including the approach for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190809.pdf -
Date: 2019-11-29
... objectives set out in sections 3 to 9 of the Guideline are achieved. (See paragraph 1.6) 2. Three-tier Group-wide Supervisory Approach Given the IA will develop a holistic Group-wide Supervisory framework for insurance groups in Hong Kong and detailed proposals would be consulted later in 2019, this...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190103.pdf -
Date: 2019-11-29
... Insurance (Amendment) Bill 2020 and the Insurance (Amendment) (No.2) Bill 2020 today (20 March 2020). The Insurance (Amendment) Bill 2020 provides for a bespoke, streamlined regulatory framework for the issuance of insurance-linked securities (ILS) through the formation of special purpose insurers...
https://www.ia.org.hk/english/portal_for_insurers/brief/20200320.html -
Date: 2020-12-04
... Insurance (Amendment) Bill 2020 and the Insurance (Amendment) (No.2) Bill 2020 today (20 March 2020). The Insurance (Amendment) Bill 2020 provides for a bespoke, streamlined regulatory framework for the issuance of insurance-linked securities (ILS) through the formation of special purpose insurers...
https://www.ia.org.hk/english/infocenter/press_releases/20200320.html -
Date: 2020-03-20
... kind of customer, business relationship, product and transaction, to establish and maintain effective procedures not inconsistent with AMLO for the purpose of carrying out the duties under (inter alia) sections 10 and 15 of Schedule 2 to AMLO. (c) Section 10 of Schedule 2 to AMLO set out special...
https://www.ia.org.hk/english/infocenter/press_releases/files/Statement_of_Disciplinary_Action_20220131.pdf -
Date: 2022-01-31
... 64ZZA and 81(6) of the Ordinance, sections 5 and 6 below set out the criteria and matters that the IA may consider in determining the fitness and properness of a person referenced in paragraph 3.1 or 3.2. 4.6 The criteria and matters in sections 5 and 6 are not exhaustive and the IA may take into...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL23_FPP.pdf -
Date: 2020-09-24
... 64ZZA and 81(6) of the Ordinance, sections 5 and 6 below set out the criteria and matters that the IA may consider in determining the fitness and properness of a person referenced in paragraph 3.1 or 3.2. 4.6 The criteria and matters in sections 5 and 6 are not exhaustive and the IA may take into...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonFitandProperCriteriaforLicensedInsuranceIntermediariesundertheInsuranceOrdinance.pdf -
Date: 2020-06-24