... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...

... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...

... of the Activity-Based Regime 3. Exemptions 4. FAQs 3 1. Introduction 1.1. This Explanatory Note (“Note”), which includes a set of frequently-asked questions (“FAQs”) (see paragraph 4), is issued by the Insurance Authority (“IA”) to provide guidance on the licensing requirements and relevant...

... Circular_RIME_15032022 15 March 2022 Our Ref: MC/IIQE/CIR By email only To: Chief Executives of all authorized insurers, Responsible Officers of all licensed insurance agencies and licensed insurance brokers companies Dear Sirs, Launch of Remote Invigilation Mode Examination (RIME) of the...

... 19 October 2020 Dear Sir/Madam Amendments to HKFRS 17 Insurance Contracts The Financial Reporting Standards Committee (FRSC) of the Hong Kong Institute of Certified Public Accountants (Institute) has endorsed the Amendments to IFRS 17 Insurance Contracts issued by the International Accounting...

... History On 7 December 2015, the Insurance Authority (“IA”) was established under the Insurance Companies (Amendment) Ordinance 2015 (“IC(A)O”). The IA is a new insurance regulator independent of the Government. The objectives of its...