... insurance industry.” “Building on this premise, the IA has set itself the goal of building an ecosystem to take full advantage of our forte as a super connector of international trade and investment activities, while nurturing domestic demands by participating in development of the Guangdong-Hong...

... virtual asset services providers; (b) a registration regime for dealers in precious metals and stones; and (c) miscellaneous technical amendments under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). This set of proposals is intended to bring Hong Kong’s regulatory regime...

... launch of the Ethics Promotion Campaign for insurance intermediaries by the Independent Commission Against Corruption (ICAC) as set out in the Policy Agenda. Meanwhile, the IA is consulting the public on the codes and guidelines for the regulation of insurance intermediaries under the statutory licensing...

..., attended by about 70 delegates affiliated with 14 member jurisdictions1. “Diversity is our strength as each member jurisdiction has its unique social demands and market landscape, yet we are exposed to the same set of emerging trends. Against the backdrop of a volatile macroeconomic...

... two initiatives above will contribute significantly towards achieving strategic goals set out in the Development Roadmap for the Insurance Sector in Hong Kong. Ends Notes: 1The Grant Scheme rolled out in May 2021 offers up to HK$12 million for each eligible issuance of...

... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...

... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...

...!  Indeed it was particularly reassuring to see several insurers exceeding the practices we had articulated (with one insurer, for example, setting a 3- month advance date for targeted completion), in order to yield their 100% compliance. To continue to reinforce this direction of improvement for...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...

... from the BRI, the IA has set up the Belt and Road Insurance Exchange Facilitation (known as “BRIEF”) to provide a 6 platform for our industry players to exchange intelligence, foster alliances and facilitate networking. We now have 41 insurers, reinsurers, captive insurers, brokers and law firms...