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... 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
... submit further applications to effect this. That said, all the requirements3 applicable for the distribution of ILAS (including PLP) products must still be complied with (e.g. GL26 on Sale of ILAS Products, GL28 on Benefit Illustrations for Long Term Insurance Policies, GL30 on FNA etc) as appropriate....
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_04032022.pdf - Date: 2022-05-31
... 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: 2020-06-12
... communicate with the insurer on the additional specific scenario(s) (“Specific Scenario(s)”). I.5. For a composite direct insurer which has 95% or more of its insurance liabilities2 arising from long term business as at valuation date, it is required to carry out Prescribed Scenario 2 under GI Prescribed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf - Date: 2021-12-10
... communicate with the insurer on the additional specific scenario(s) (“Specific Scenario(s)”). I.5. For a composite direct insurer which has 95% or more of its insurance liabilities2 arising from long term business as at valuation date, it is required to carry out Prescribed Scenario 2 under GI Prescribed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf - Date: 2021-09-09
... authorized insurer, licensed insurance broker companies or licensed insurance agencies, to assist with this assessment. Only if the IA, based on its assessment of the information, considers that it has reasonable cause to believe or reason to enquire whether a Regulated Person may be guilty of misconduct or...
https://www.ia.org.hk/english/enforcement/lii/files/Overview_of_Disciplinary_Process_en.pdf - Date: 2021-09-13
... Guideline on Cybersecurity earlier this year. Drawing reference from the Group of Seven’s Fundamental Elements on Cybersecurity for the Financial Sector, the guideline provides insurers with guiding principles for developing their cybersecurity framework. Conclusion Looking ahead, despite the challenges and...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf - Date: 2021-12-09
... Guideline on Cybersecurity earlier this year. Drawing reference from the Group of Seven’s Fundamental Elements on Cybersecurity for the Financial Sector, the guideline provides insurers with guiding principles for developing their cybersecurity framework. Conclusion Looking ahead, despite the challenges and...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf - Date: 2021-09-08