... Solodkiy: “Today’s consumers want to be able to get educated, get a quote and buy a policy from the comfort of their home or car via smartphone in less than 15 minutes. Just as fintech is transforming the banking world, ‘insurtech’ has set its sights on the insurance industry.” While we are witnessing how...

.../outcomes-fatf-plenary-february-2021.html http://www.fatf-gafi.org/publications/fatfgeneral/documents/outcomes-fatf-plenary-february-2021.html - 3 - (2) Frequently Asked Questions FAQs in relation to AML/CFT have been updated4 today. The FAQs published on 13 September 2019 are superseded with immediate effect. The updated set of FAQs is...

... penalty and that the size of the penalty will be larger. In determining the seriousness of a contravention, the IA will consider all of the circumstances of the case and take into account but not limited to the factors set out below. (a) The nature, seriousness and impact of the contravention, including...

... apply for insurance in a public place. Do not use public Wi-Fi or a public computer. Do not share your user names or passwords for digital insurance services with anyone or disclose your passwords to anyone. Set a password that is difficult to guess and different from ones you use for other online...

... regulatory policy and market development, to bolster Hong Kong’s position as a leading green and sustainable finance centre in Asia and globally. It will also facilitate regional cooperation, including in the Guangdong-Hong Kong-Macao Greater Bay Area. The Steering Group has set up two work streams: to...

... fit and proper in order to be licensed, and this requirement is ongoing. In addition, the IA has, based on the existing codes of conduct from the SROs, formulated new codes of conduct which set out the professional standards expected from insurance intermediaries. These include the requirements on...

... you can afford. Before applying for insurance, you should evaluate its affordability by considering whether you can afford the premium and whether you have set aside sufficient funds to pay for it. If you are too aggressive and do not have savings for emergencies, it may be difficult for you to cope...

... 31 July 2022 available through IIC. Any principals who still have not set up for their Supervisor Account in IIC should do so as soon as possible. To do this, they should submit a signed Form A2 to the IA by email to [email protected] and visit the “Forms – Insurance Intermediaries” webpage on the...

... fit and proper in order to be licensed, and this requirement is ongoing. In addition, the IA has, based on the existing codes of conduct from the SROs, formulated new codes of conduct which set out the professional standards expected from insurance intermediaries. These include the requirements on...

... Solodkiy: “Today’s consumers want to be able to get educated, get a quote and buy a policy from the comfort of their home or car via smartphone in less than 15 minutes. Just as fintech is transforming the banking world, ‘insurtech’ has set its sights on the insurance industry.” While we are witnessing how...