... information and customers’ self declaration  Delay and inaccuracy in “Suspicious Transaction Reporting (“STR”)” 5 5 International AML Standards on Mutual Evaluation  FATF will conduct the fourth round mutual evaluation on Hong Kong in 2018  The Government has implemented a work plan in accordance with the...

... information and customers’ self declaration  Delay and inaccuracy in “Suspicious Transaction Reporting (“STR”)” 5 5 International AML Standards on Mutual Evaluation  FATF will conduct the fourth round mutual evaluation on Hong Kong in 2018  The Government has implemented a work plan in accordance with the...

... insurance brokers with the relevant laws and regulatory requirements. The IA will conduct on-site inspections or prudential visits to licensed insurance broker companies, so as to gauge the level of their compliance and compliance of their responsible officers and technical representatives (broker) with the...

... Insurance Authority consults on the proposed codes of conduct for licensed insurance agents and licensed insurance brokers 28 March 2019 The Insurance Authority (IA) today (28 March 2019) launched a two-month public consultation on the draft Code of...

... communications with and explanations to the IA, the LIC is pleased to attach the revised Initiative on FNA with an expanded list of exempted products (with mark-ups). The clean version can be downloaded from HKFI website at the following hyperlink: https://www.hkfi.org.hk/#!/resources-centre/codes-and-standards...

... New Q&As to Interpretation Notes 1 Insurance Authority (“IA”) Circular providing interpretation notes (“Circular”) relating to the Guideline on Sale of Investment-Linked Assurance Scheme (“ILAS”) Products The Insurance Authority (“IA”) issues this Circular with the aim of providing further...

... New Q&As to Interpretation Notes 1 Insurance Authority (“IA”) Circular providing interpretation notes (“Circular”) relating to the Guideline on Sale of Investment-Linked Assurance Scheme (“ILAS”) Products The Insurance Authority (“IA”) issues this Circular with the aim of providing further...

... Representative (Broker) Licensed Insurance Broker Company Compliance with the education requirements as specified in the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. 41...

... 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 from money laundering, financing...

... Insurance Authority warns against deceptive selling activities on social media platforms 1 December 2023 The Insurance Authority (IA) today (1 December 2023) alerted the public to deceptive selling activities on social media platforms from...