...) of the questions for the purposes of proper assessment of the customer’s particular circumstances, provided that such addition or modification complies with the requirements set out in paragraph 6.5 of the Guideline. Q5 Can authorized insurers or licensed insurance intermediaries directly ask the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL30..pdf -
Date: 2020-12-21
... 3. Description of nature of business and services to be provided by the licensed insurance broker company The client agreement should set out a description of the business and services to be provided by the licensed insurance broker company and this should include the following matters: (a) a...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Practice_note_on_Client_Agreement_ILAS.pdf -
Date: 2020-12-21
... Chatbot’s limitations, how it should be used, the data set it is trained on and how that data is stored, used and how long it is kept. Adequate risk mitigation, ongoing monitoring, reporting controls and contingency plans would also need to be in place throughout its deployment. Careful consideration...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Article_03).html -
Date: 2023-05-12
... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2020-09-28
... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2021-11-01
... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2021-09-01
... functions. They will consider requests from one another seriously and reply without undue delay. 3. Signatory Authorities rely on each other’s compliance with the strict confidentiality regime as set out in Art. 5 and Annex B which each of them has confirmed and evidenced before acceding to the MMoU. 4....
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2020-06-19
... 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...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-03
... 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...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-10
... requirements will be set out in the Guideline on the Fit and Proper Criteria for Licensed Insurance Intermediaries and soft consultation of the Guideline to be conducted later this year. Besides review of the minimum education requirements, we have also reviewed the CPD requirements. We are glad to see a...
https://www.ia.org.hk/english/infocenter/files/HKCIB_Spring_Dinner.pdf -
Date: 2021-12-09