... effect a reinstatement of cover up to not less than such minimum determined amount. Where the limit of indemnity has been determined in accordance with (ii) above, the policy shall include provision for one automatic reinstatement to a limit of indemnity of not less than HK$3,000,000. Insurance brokerage...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonMininumRequirementsforInsuranceBrokers.pdf -
Date: 2020-06-16
... effect a reinstatement of cover up to not less than such minimum determined amount. Where the limit of indemnity has been determined in accordance with (ii) above, the policy shall include provision for one automatic reinstatement to a limit of indemnity of not less than HK$3,000,000. Insurance brokerage...
https://www.ia.org.hk/english/legislative_framework/files/guideline_on_mininum_requirements_for_insurance_brokers_eng.pdf -
Date: 2020-09-24
... egn201822203659 UNITED NATIONS (ANTI-TERRORISM MEASURES) ORDINANCE (Chapter 575) Updating of specification of names of persons designated as terrorists or terrorist associates by the Committees of the United Nations Security Council established pursuant to the Resolutions 1267 (1999), 1989 (2011) a...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180518.pdf -
Date: 2019-02-01
... Introduction 1.1 The Guideline is published under section 7 of the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance, Cap. 615 (the AMLO) and section 133 of the Insurance Ordinance, Cap. 41 (the IO), and shall take effect from 26 June 20171 March 2018. 1.2 Terms and...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/Appendix_A.PDF -
Date: 2019-02-01
... Consultation Paper on a Risk-based Capital Framework for the Insurance Industry of Hong Kong Consultation Paper on a Risk-based Capital Framework for the Insurance Industry of Hong Kong 2 FOREWORD 1 This paper is published by the Insurance Authority (IA) to consult interested parties on the pro...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_paper.pdf -
Date: 2019-09-03
... message to the customer that the derivative fund which is customer’s selected underlying investment choice(s) does not match the risk profile of the customer. If the transaction is assessed to be unsuitable for the customer, the authorized insurer may only proceed to effect the transaction if to do so...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes.pdf -
Date: 2020-09-24
... message to the customer that the derivative fund which is customer’s selected underlying investment choice(s) does not match the risk profile of the customer. If the transaction is assessed to be unsuitable for the customer, the authorized insurer may only proceed to effect the transaction if to do so...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL_26_Interpretation_Notes_Eng.pdf -
Date: 2020-06-24
... have or are likely to have a materially adverse effect on the solvency, reserves, liquidity or financial condition; (f) being conducted in a clear and concise manner yet comprehensive enough to facilitate informed decision-making; and (g) being included into the ORSA Report (see section 9 for detailed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Draft_Guideline_on_Enterprise_Risk_Management.pdf -
Date: 2018-11-30
... message to the customer that the derivative fund which is customer’s selected underlying investment choice(s) does not match the risk profile of the customer. If the transaction is assessed to be unsuitable for the customer, the authorized insurer may only proceed to effect the transaction if to do so...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes.pdf -
Date: 2019-11-29
... policy documents, records of the post-sale calls, confirmation letters and the email/SMS alerts, as well as control reports in respect of above measures, should also be kept properly. 12. Commencement 12.1 This Guideline shall take effect from 26 June 2017. June 2017 Appendix 1 I-1 Requirements...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24