... the customization complies with all the requirements set out in paragraphs 7.1-7.4 of the Guideline. Q8 Referring to paragraph 7.2 of the Guideline, please provide some examples of information not to be “relevant” and “value to customers”, which depend on customer’s judgment. This may discourage...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-09-24
... the customization complies with all the requirements set out in paragraphs 7.1-7.4 of the Guideline. Q8 Referring to paragraph 7.2 of the Guideline, please provide some examples of information not to be “relevant” and “value to customers”, which depend on customer’s judgment. This may discourage...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL28.pdf -
Date: 2020-12-21
... the licensing requirements under the Ordinance have the benefit of these views, the IA has decided to issue this additional Explanatory Note (“Note”). A.4 In section B of this Note we set out the IA’s general approach in considering the issue of whether or not a person is required to obtain a licence...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Explanatory_Note_on_Regulated_Activities.pdf -
Date: 2021-12-10
... the licensing requirements under the Ordinance have the benefit of these views, the IA has decided to issue this additional Explanatory Note (“Note”). A.4 In section B of this Note we set out the IA’s general approach in considering the issue of whether or not a person is required to obtain a licence...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Regulated_Activities.pdf -
Date: 2021-10-12
... (“CPD”) Requirements CPD Compliance Reporting for the Assessment Period 2021/2022 Detailed instructions for reporting by individual licensees and appointing principals to the Insurance Authority (“IA”) Further to our circular dated 28 January 2022, we write to set out the CPD compliance reporting...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_20220531_CPD_Compliance_Reporting_for_the_Assessment_Period_2021_2022_Eng.pdf -
Date: 2022-05-31
... Expand scope of business for Captive o ILS 2020 2017 IA Set Up • Arrangement between NDRC and HKSAR for full participation in the BRI ILS • Launch of Pilot Grant Scheme for ILS • 1st Cat bond development • Equivalent Assessment Framework with CBIRC extended to 31 December 2021 and to be made permanent...
https://www.ia.org.hk/english/infocenter/files/ASHK_4th_General_Insurance_Virtual_Seminar.pdf -
Date: 2021-12-09
... Expand scope of business for Captive o ILS 2020 2017 IA Set Up • Arrangement between NDRC and HKSAR for full participation in the BRI ILS • Launch of Pilot Grant Scheme for ILS • 1st Cat bond development • Equivalent Assessment Framework with CBIRC extended to 31 December 2021 and to be made permanent...
https://www.ia.org.hk/english/infocenter/files/ASHK_4th_General_Insurance_Virtual_Seminar.pdf -
Date: 2021-09-08
... outlined above within the 18-month period (see conditions (1)(i) and (ii) above), and not renew or continue (but terminate) the appointment of any individual licensee who fails to comply by the expiry of the 18-month period. Enquiries If you have any enquiries concerning RIME and the measures set out in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_RIME_15032022_ENG.pdf -
Date: 2022-05-31
... passwords to anyone. Set a password that is difficult to guess and different from ones you use for other online services, and change it regularly. Contact the Police immediately for assistance if you suspect that your personal data has been stolen. Do not visit suspicious websites, or open unknown emails or...
https://www.ia.org.hk/english/infocenter/files/Digital_onboarding_1_en.pdf -
Date: 2022-05-24
... plan. To better protect the interests of policy holders, the IA requires insurers to set the surrender value at a level at which insurers do not profit from early termination. The surrender value, including the guaranteed and non-guaranteed parts, is listed in the benefit illustration. You...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/how_to_choose.html -
Date: 2024-01-19