... Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors, in particular ICP 19 which stipulates that the conduct of the business of insurance should ensure that customers are treated fairly. 1.2 This Guideline aims to set out the...

... Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors, in particular ICP 19 which stipulates that the conduct of the business of insurance should ensure that customers are treated fairly. 1.2 This Guideline aims to set out the...

.../ias/ias28-2011 Page 2 of 7 control and influence it can exercise over a default member. Without limiting the IA’s discretion to exercise any powers under Part XIA of the Ordinance, or limiting the interpretation of any provision under Part XIA of the Ordinance, we set out below certain general...

... Contracts The Hong Kong Institute of Certified Public Accountants ("HKICPA") is the only body authorised by law to set and promulgate standards relating to financial reporting, auditing, and ethics for professional accountants, in Hong Kong. In accordance with our convergence policy, HKICPA has approved the...

... of the direct regulatory regime for licensed insurance broker companies As you will be aware, the direct regulatory regime for licensed insurance intermediaries, as set out in the Insurance Ordinance (Cap. 41) (“Ordinance”), has been in effect for just over one year now, having commenced on 23...

... Memorandum of Understanding between the Monetary Authority and the Insurance Authority 19 July 2019 - 1 - Memorandum of Understanding between the Monetary Authority and the Insurance Authority I. PURPOSES 1. This Memorandum of Understanding (“MoU”) aims to set out the framework between the...

... Memorandum of Understanding between the Monetary Authority and the Insurance Authority 19 July 2019 - 1 - Memorandum of Understanding between the Monetary Authority and the Insurance Authority I. PURPOSES 1. This Memorandum of Understanding (“MoU”) aims to set out the framework between the...

... Memorandum of Understanding between the Monetary Authority and the Insurance Authority 19 July 2019 - 1 - Memorandum of Understanding between the Monetary Authority and the Insurance Authority I. PURPOSES 1. This Memorandum of Understanding (“MoU”) aims to set out the framework between the...

... Memorandum of Understanding between the Monetary Authority and the Insurance Authority 19 July 2019 - 1 - Memorandum of Understanding between the Monetary Authority and the Insurance Authority I. PURPOSES 1. This Memorandum of Understanding (“MoU”) aims to set out the framework between the...

... 20 Supervision of Insurance Intermediaries Insurance Agents Part X of the ICO provides the statutory backing for the self-regulatory system of insurance agents in Hong Kong. The Insurance Agents Registration Board (“IARB”) set up by The Hong Kong Federation of Insurers (“HKFI”) is responsible for the...