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⏭... carrying on regulated activities will be required to be licensed by IA, unless exempted. • Licensees will have to comply with requirements under IO and codes/rules/regulations/guidelines issued by IA • Target date - mid 2019 3 Phase 3 Commencement of Amendment Ordinance • Intermediaries validly registered...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_New_Regulatory_Landscape_for_Insurance_Intermediaries.pdf -
Date: 2021-09-08
... carrying on regulated activities will be required to be licensed by IA, unless exempted. • Licensees will have to comply with requirements under IO and codes/rules/regulations/guidelines issued by IA • Target date - mid 2019 3 Phase 3 Commencement of Amendment Ordinance • Intermediaries validly registered...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_New_Regulatory_Landscape_for_Insurance_Intermediaries.pdf -
Date: 2020-06-12
[HTML]
Functional Committees
... internal controls, risk management systems and governance processes of the IA, as well as to address operational risks. To give directions on and oversee the progress of projects pursued by the Internal Audit Section. To recommend the appointment of...
https://www.ia.org.hk/english/aboutus/governance/functional_committees.html -
Date: 2022-02-08
... Annex 1 Key Observations from the First ORSA Reports The Insurance Authority (“IA”) issued the Guideline on Enterprise Risk Management (“GL21”) which took effect on 1 January 2020. This is the Pillar 2 requirement which is implemented ahead of the statutory capital requirement under the Risk-based...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
[PDF]
Survey_GL21.pdf
... Guideline on Enterprise Risk Management (ERM Guideline) - Preparation Status Survey Guideline on Enterprise Risk Management (ERM Guideline) - Preparation Status Survey [Please input] [Please select] Professional reinsurer (Yes/No): [Please select] Place of incorporation [Please select] [Please...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Survey_GL21.pdf -
Date: 2019-11-29
[PDF]
Rundown.pdf
... Meeting of the Future Task Force Working Group on Promoting Positive Image of Insurance Industry “Building a Positive Image by Reinforcing Trust through Good Conduct and Ethical Practices” Virtual Meeting on 16 December 2020 Time Programme 3:00 pm Welcome remarks Dr Moses Cheng, Chairman...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Rundown.pdf -
Date: 2020-12-21
[PDF]
Circular_01092020.pdf
... Circular providing Interpretation Notes relating to the Guideline on Cooling-off Period (GL29) 1 September 2020 Our Ref: INS/TEC/6/69 By Email Only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Circular providing Interpretation Notes relating to...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_01092020.pdf -
Date: 2020-12-21
... from being a prudential watchdog to a market enabler and facilitator. This unique role is unfound elsewhere in the local regulatory landscape and such a “split personality” bodes well for The Hong Kong Confederation of Insurance Brokers (CIB), as I will elaborate later on. Thirdly, with funding drawn...
https://www.ia.org.hk/english/infocenter/files/2018_CIB_Annual_Conference.pdf -
Date: 2021-12-09
... from being a prudential watchdog to a market enabler and facilitator. This unique role is unfound elsewhere in the local regulatory landscape and such a “split personality” bodes well for The Hong Kong Confederation of Insurance Brokers (CIB), as I will elaborate later on. Thirdly, with funding drawn...
https://www.ia.org.hk/english/infocenter/files/2018_CIB_Annual_Conference.pdf -
Date: 2021-09-08