... Newsletter - Conduct in Focus   Conduct in Focus is a periodical publication which presents statistics and commentary on complaints received by the Insurance Authority and examines topical regulatory issues regarding the way in which insurance business is...

... Circular on GL21 5 July 2019 Our Ref: INS/TEC/6/20/6 Subfile IV By email only To: Chief Executives of all authorized insurers Dear Sirs, GL21: Guideline on Enterprise Risk Management I am writing to inform you that the Insurance Authority (“IA”) has published GL21 – Guideline on Enterprise Risk...

... 22 July 2019 Our Ref : INS/TEC/8/8 By email only To: Chief Executives of all authorized insurers Dear Sirs, Second Readiness Assessment Survey on Hong Kong Financial Reporting Standard 17 Insurance Contracts I am writing to invite you to participate in the Second Readiness Assessment Survey on the...

... Statements issued by the Financial Action Task Force on Money Laundering ("FATF") 保險業監理處 香港金鐘道六十六號 金鐘道政府合署二十一樓 OFFICE OF THE COMMISSIONER OF INSURANCE 21st Floor, Queensway Government Offices, 66 Queensway, Hong Kong 圖文傳真 Fax: (852) 2869 0252 覆函請註明本處檔號 In reply please quote this ref. INS/TEC/6/45...

... holders. “The RBC regime seeks to strengthen the financial soundness of insurers and put Hong Kong on a par with international standards, consolidating Hong Kong’s function as an international risk management centre,” an IA spokesperson said. “Adopting the RBC regime will...

... cir_aml_20190313 13 March 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 12 November 2018, we are writing to inform you of the following...

... Statements issued by the Financial Action Task Force (“FATF”) 15 July 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 13 March 2019, we are...

... Supervisory Approach for Licensed Insurance Brokers The Insurance Authority ("IA") employs various tools in conducting on-going supervision of licensed insurance brokers, broadly comprising off-site monitoring and on-site inspection.  The...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...