... seeking to operate solely through digital channels. Applicants for Fast Track authorization must possess an innovative and robust business model, while being able to satisfy all prevailing regulatory requirements on solvency, capital and local assets requirements. Ends ...

... Applicants for Fast Track authorization must possess an innovative and robust business model, while satisfying all the prevailing regulatory requirements on solvency, capital and local asset requirements to ensure the interests of policy holders are duly protected. Ends ...

... authorization through this channel must possess an innovative and robust business model, while satisfying all the prevailing regulatory requirements on solvency, capital and local asset requirements. Ends ...

... added on 31 August 2021.) Special Attention in relation to ILAS Products with Open Architecture (“OA ILAS Products”) Q 31A Further to the Professional Investor (“PI”) requirement as set out in Q&A 31, please specify any specific requirement(s) on licensed insurance intermediaries for selling OA ILAS...

... added on 31 August 2021.) Special Attention in relation to ILAS Products with Open Architecture (“OA ILAS Products”) Q 31A Further to the Professional Investor (“PI”) requirement as set out in Q&A 31, please specify any specific requirement(s) on licensed insurance intermediaries for selling OA ILAS...

... (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules (the “Rules”) under the new regulatory regime for insurance intermediaries. The draft Rules are mainly modelled on the relevant requirements for insurance brokers set out in the Guideline on Minimum...

... Counter- Terrorist Financing We are writing to inform you that a new set of frequently asked questions (“FAQs”) in relation to anti-money laundering and counter-terrorist financing (“AML/CFT”) is published by Insurance Authority today. The FAQs published in March 2012 are superseded with immediate effect....

... expedited process: Applicants will be invited to present their proposals with live demonstration of the proposed digital distribution channels at the early stage of the application process 4 What do we look for under the Fast Track? • Innovative and robust business model which benefits consumers in Hong...

... Fast Track must have an innovative and robust business model using digital distribution to bring benefits to the consumers in Hong Kong in product development, delivery, customer service and cost efficiency. Insurers under the Fast Track would not be allowed to accept business from any...

... seeking authorization through Fast Track must demonstrate an innovative and robust business model, while satisfying all the prevailing regulatory requirements regarding solvency, capital and local asset requirements. For more information about Insurtech Sandbox and Fast Track, please visit the...