... 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
... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes.pdf -
Date: 2020-09-24
... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL_26_Interpretation_Notes_Eng.pdf -
Date: 2020-06-24
... override the provision of any law. The IA reserves the right to review and update this Circular from time to time. Unless otherwise specified, words and expressions in this Circular shall have the same meanings as given to them in the Guideline. General Questions Q 1 Paragraph 1.2 of the Guideline...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes.pdf -
Date: 2019-11-29