... corporates.” Teresa Ko, Vice Chair of the IFRS Foundation said: “Heartfelt congratulations to the ISSB on its inaugural set of two standards. It is an exciting and historic moment as we see the creation of a single set of investor-focused sustainability-related disclosures that could be...

... the top places in the world in terms of insurance penetration. Fifteen of the 20 largest insurers worldwide have set foot in Hong Kong, creating a lot of employment opportunities. The solid foundation of our insurance industry remains intact despite the impact of the global financial crisis, China-US...

... correct name of the education pamphlet should be “Questions you need to ask before taking out an ILAS product”. The whole set of the Updated Requirements is amended and attached. AC/JW/BF/sw Encls. (21 pgs incl. this cover) 註冊有限公司 Incorporated with limited liability 香港灣仔駱克道 353 號三湘大廈 29 樓 29/F, Sunshine...

... Individual licensees must satisfy the CPD requirements set out in GL24: Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) in each Assessment Period. Please refer to the GL24 and its Interpretation Notes for details. For ease of reference, the CPD...

... 2021, we published the Continuing Professional Development (“CPD”) Requirements (“CPD Penalty Framework”) outlining the disciplinary actions the Insurance Authority (“IA”) would impose for non-compliances related to CPD requirements. To complement this, we have today issued a set of Frequently Asked...

... appointment or two appointments for the purposes of the cap (which depends on whether the scope of the agent’s appointment is limited to one line of business or extended to both general business and long term business). The existing framework is currently set out in paragraphs 21-22 of the Code of Practice...

... 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...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... under the Insurance Ordinance (Cap. 41) Requirements for a Licensed Insurance Broker Company Appointment of a Responsible Officer approved by the IA Maintenance of a client account with a bank in Hong Kong Compliance with the requirements set...