... 7 of the BO sets out the functions of the MA. The principal function of the MA under the BO is to promote the general stability and effective working of the banking system. The MA is mandated under the BO to take all reasonable steps to ensure that any other business (apart from banking business or...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/IA_MA_MoU.pdf -
Date: 2020-06-19
... from four to five whereas the sub-cap should remain 2 long term insurers. 31. The IA puts forward this proposal, which it hopes strikes a good balance, for the following reasons: a. whilst the current system which has been in place for 25 years has worked well, technology, the market and products have...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Rules_on_Max_Number_of_Insurers_ENG.pdf -
Date: 2018-10-31
... automatic sprinkler system); - risk transfer: making another party bear the consequences of one’s exposure to loss (e.g. purchase of insurance and contractual terms shifting responsibility for possible losses); - risk financing: no matter how effective the loss control measures an organisation takes, there...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... power project so as to eliminate the risk of nuclear accidents); - loss prevention: the lowering of the frequency of identified possible losses (e.g. activities promoting industrial safety); - loss reduction: the lowering of the severity of identified possible losses (e.g. automatic sprinkler system...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P6_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... Activities recognized as Type 1 or 7 Qualified CPD Activities (in aggregate). Annex 1 13 31. E-learning Activities can only be recognized as Type 1 or 76 Qualified CPD Activities if the E-learning Activities: (a) have a proper login and identity-checking system to prevent abuse and unauthorized logins; (b...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL24_CPD.pdf -
Date: 2020-09-24
... Activities recognized as Type 1 or 7 Qualified CPD Activities (in aggregate). Annex 1 13 31. E-learning Activities can only be recognized as Type 1 or 76 Qualified CPD Activities if the E-learning Activities: (a) have a proper login and identity-checking system to prevent abuse and unauthorized logins; (b...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries.pdf -
Date: 2020-06-24