... the appointment of Mr Clement Cheung, Chief Executive Officer of the Insurance Authority, as a member of its Executive Committee. “It is my great honour and privilege to have been elected to serve on the IAIS Executive Committee by members in Asia, where the next wave of business...

... 2015 Subject : Frequently Asked Questions (“FAQs”) on Initiative on Financial Needs Analysis (“FNA”) Further to our circular dated 14 July 2015 (Ref: Mv090/15) on FNA, the LIC has collected comments / questions from the LIMs and finalized the attached FAQs on FNA to facilitate compliance by LIMs with...

... imposed by the United States Government on a number of individuals in the Mainland and Hong Kong on 7 August 2020. An IA spokesperson said, “In assessing potential impact arising from the sanctions, market participants should take into account the full spectrum of legal, business and commercial...

... products, effective 1 January 2015. Corresponding update has been made to the Initiative (issued by HKFI in 2007) and the revised version is enclosed. Should LIMs have any specific questions on the Updated Requirements with respect to their individual ILAS products, they are advised to contact their Case...

... the relevant United Nations Security Council Committee has designated a new consolidated list of names under section 3 of the United Nations Sanctions (Afghanistan) Regulation ( " Regulation "). The list was gazetted and came into effect on 7 June 2002 in accordance with the Regulation. A...

... the relevant requirements. The FAQs are not intended to be exhaustive, and will be kept under review and updated when necessary. This Circular shall come into effect on 23 September 2019. Should you have any questions, please contact your case officers. Yours faithfully, Carol Hui Executive Director...

... the insurance industry at large, provisions in its Section 7 (Suitability Assessment) and Section 8 (Advice to Client) are of relevance to the business conduct of insurance brokers. This CIB Guidance Note is issued to reflect the additional requirements arising therefrom on the product recommendation...

... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...

... capture business opportunities, and more importantly, extend the capacity of the insurance industry; thus enhancing its sustainable development.” The bill also seeks to expand the scope of insurable risks of captive insurers set up in Hong Kong, helping the industry capitalise on business...