... Provident Fund Schemes (Amendment) Ordinance 2012 establishes a statutory regime for the regulation of regulated persons in Part IVA of the Mandatory Provident Fund Schemes Ordinance (“Ordinance”). 1.2 This MOU applies in connection with the statutory regime in Part IVA of the Ordinance which took effect on...

... Provident Fund Schemes (Amendment) Ordinance 2012 establishes a statutory regime for the regulation of regulated persons in Part IVA of the Mandatory Provident Fund Schemes Ordinance (“Ordinance”). 1.2 This MOU applies in connection with the statutory regime in Part IVA of the Ordinance which took effect on...

... intermediary licence applications Monitoring on-going compliance with the Insurance Ordinance by licensed insurance intermediaries Exercising powers of inspections and investigations Imposing disciplinary sanctions on substantiated cases IA proposes to take...

... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...

... Holders’ Protection Scheme (“PPS”). Further to the consultation with the Legislative Council Panel on Financial Affairs on the legislative proposals in 2018, the enabling legislation for establishing PPS is being prepared with a plan to introduce the relevant bill into the Legislative Council in the 2020...

... Insurance Authority – Briefing Session on 21 July 2017 31 July 2017 1 Bullet points of major principles/concepts for premium levy collection:  Deduct levy (together with premium) by auto-pay  Need policy holder consent, e.g. notify policy holder of the “default option” and allow opt out in...

... handling by authorized insurers with the objective of ensuring policyholders are treated fairly and their interests are protected in the claims handling process. In this article we explain these regulatory principles and standards. Then in the next article, with a specific focus on medical insurance claims...

... opening an ISSB office in Beijing, China on 19 June 2023. The Steering Group looks forward to engaging with the ISSB in the sustainability reporting journey and collaborating on capacity building. The Steering Group will also maintain a close dialogue with market participants and stakeholders, with a view...

... carries on insurance business and the classes of business carried on in each country. If the classes of business do not correspond with the classification set out in Schedule 1, the equivalent or nearest Hong Kong classification must be given. country classes of insurance business 16. Whether any...

... preliminary meetings with the Insurance Authority before submitting the formal application. (b) The company should not commence to carry on any insurance business in or from Hong Kong, or make any press announcement, until its application has been approved. Any failure to observe this requirement will...