... information and the climate disclosure requirements and is seeking feedback on these proposals over a consultation period closing on 29 July 2022. For details, please refer to ISSB’s announcement available at https://www.ifrs.org/news-and-events/news/2022/03/issb-delivers-...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_11.04.2022_ISSB.pdf -
Date: 2022-05-31
... (Cap. 615) (“AMLO”)1, 2. The disciplinary action follows an investigation by the IA which discovered the following failures by the Companies, during the period from January 2015 to October 2017: The Companies failed to maintain effective procedures to determine...
https://www.ia.org.hk/english/infocenter/press_releases/20220131.html -
Date: 2022-01-31
... policy holders as a tool for wealth and liquidity management. The following reasons contribute to its growing popularity: Low interest rate environment: Given the prolonged period of low interest rates in the past years, policy holders can borrow funds from financial...
https://www.ia.org.hk/english/premium_financing/index.html -
Date: 2024-01-18
... carrying on its regulated activities. The professional indemnity insurance policy must have a limit of indemnity not less than the amount determined in accordance with subrule (2) or (3) (as the case may be) for any one claim and in any one policy period of 12 months. (2) Subject to subrule (3), the limit...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Insurance_FinancialandOtherRequirementsforLicensedInsuranceBrokerCompanies_Rules.pdf -
Date: 2020-06-24
... Timeline 15 201920182017 2020 2021 2022 + Final Standard Start of comparative period Effective date 1 January 2021 First compliant financial statements Target Effective Date ?QIS 1 QIS 2 Target on consultation on detailed rules IFRS 17 RBC Target on implementation of Pillar 2 requirements Draft guideline...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2021-12-09
... Timeline 15 201920182017 2020 2021 2022 + Final Standard Start of comparative period Effective date 1 January 2021 First compliant financial statements Target Effective Date ?QIS 1 QIS 2 Target on consultation on detailed rules IFRS 17 RBC Target on implementation of Pillar 2 requirements Draft guideline...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2021-09-08
... Timeline 15 201920182017 2020 2021 2022 + Final Standard Start of comparative period Effective date 1 January 2021 First compliant financial statements Target Effective Date ?QIS 1 QIS 2 Target on consultation on detailed rules IFRS 17 RBC Target on implementation of Pillar 2 requirements Draft guideline...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2020-06-12
... voluntary excesses (see above), discounts may be available for insuring more than one car under the same policy, or whilst a car is “laid-up” (i.e. temporarily out of use) for a minimum period. 1/11 1.1.2 Motor Cycle Like the Private Car policy, the Motor Cycle insurance is primarily intended for use of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/10.sn-general-2008_eng_2017update.pdf -
Date: 2019-12-02