... its active participation and support in both the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area development. This will in turn serve to reinforce our role as an international financial centre. The Equivalence Assessment Framework Agreement on Solvency Regulatory...

... valid support of levy remittance is NOT consider as complete and will be rejected. Payment reference, for example cheque number, bank transfer reference number etc., must be reported in the return. The latest version of specification and examples for uploading remittance returns...

... First ORSA Reports Thank you for your support in the development of the Risk-based Capital (“RBC”) Regime. We received a total of 120 Own Risk and Solvency Assessment (“ORSA”) Reports prepared for the first time under the Guideline on Enterprise Risk Management (“GL21”). We would like to share with you...

... Kong 5 Authorization and On-going Regulatory Requirements • Long term commitment to the HK insurance industry • Meet all our basic authorization requirements and other on-going regulatory requirements applicable to GI insurers e.g. capital, staff expertise and resources, continuous financial support...

... regulatory functions from the Hong Kong Government’s Office of the Commissioner of Insurance. As the prudential and conduct regulator of insurers, the IA is operationally and financially independent from the Hong Kong SAR Government. The IA currently has a staff of over 220 and aims to achieve full strength...

... Expand scope of business for Captive o ILS 2020 2017 IA Set Up • Arrangement between NDRC and HKSAR for full participation in the BRI ILS • Launch of Pilot Grant Scheme for ILS • 1st Cat bond development • Equivalent Assessment Framework with CBIRC extended to 31 December 2021 and to be made permanent...

... regulatory functions from the Hong Kong Government’s Office of the Commissioner of Insurance. As the prudential and conduct regulator of insurers, the IA is operationally and financially independent from the Hong Kong SAR Government. The IA currently has a staff of over 220 and aims to achieve full strength...

... Expand scope of business for Captive o ILS 2020 2017 IA Set Up • Arrangement between NDRC and HKSAR for full participation in the BRI ILS • Launch of Pilot Grant Scheme for ILS • 1st Cat bond development • Equivalent Assessment Framework with CBIRC extended to 31 December 2021 and to be made permanent...

... regulatory functions from the Hong Kong Government’s Office of the Commissioner of Insurance. As the prudential and conduct regulator of insurers, the IA is operationally and financially independent from the Hong Kong SAR Government. The IA currently has a staff of over 220 and aims to achieve full strength...

... National Development and Reform Commission on Hong Kong's participation in the Belt and Road Initiative. This secures the support of the Central Authorities to encourage Mainland enterprises to establish captive insurance companies in Hong Kong to underwrite risks for their overseas business. The...