... of Insurance Sector 10  IA signed multilateral/bilateral MOUs with different insurance supervisors  Supervisory colleges  Strengthen international supervisory cooperation for effective group wide supervision of multinational insurance groups  Share regulatory concerns on AML/CFT matters to...

... Dedicated Regime for Captive Insurance Requirements on Captive Insurers To incentivize the establishment of captive insurers in Hong Kong, regulatory facilitations are offered to captive insurers including reduced minimum capital and solvency margin...

... The new set of FAQs aims to assist insurance institutions (“IIs”) as stipulated in the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) in understanding the relevant AML/CFT requirements. It is designed to be read in conjunction with the latest GL3 and will be updated from...

... from an insurer for arranging an insurance policy with the insurer on behalf of the client. The Practice Notes have been prepared in consultation with The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association. The Practice Notes will be kept under review and...

... from an insurer for arranging an insurance policy with the insurer on behalf of the client. The Practice Notes have been prepared in consultation with The Hong Kong Confederation of Insurance Brokers and the Professional Insurance Brokers Association. The Practice Notes will be kept under review and...

... Interpretation Notes 1 Interpretation notes Guideline on Benefit Illustrations for Long Term Insurance Policies (GL28) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers in respect of the Guideline on Benefit...

... Interpretation Notes 1 Interpretation notes Guideline on Benefit Illustrations for Long Term Insurance Policies (GL28) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers in respect of the Guideline on Benefit...

... Nations (Anti-Terrorism Measures) (Amendment) Ordinance 2018 (“the Amendment Ordinance”) was enacted by the Legislative Council on 21 March 2018 and came into effect on 31 May 2018. The Amendment Ordinance can be found on the Government’s website (https://www.gld.gov.hk/egazette/pdf/20182213...

... broker company licence under section 66 of Schedule 11 to the Insurance Ordinance on the commencement date. - 2 - Audited Financial Statements Specified broker companies must comply with the requirements in relation to audited financial statements under rule 8(2) of the Broker Rules, for each financial...