Filter
Year
Content Type
File Type
Search Results
⏮
⏴
⏵
⏭... consult the public on the draft Rules (see ANNEX 1). The draft Rules have been prepared by the IA on the basis of the following: a. the Ordinance and the Amendment Ordinance; b. the HKFI Code1; and c. similar restrictions set by overseas regulatory authorities. 12. In preparing the draft Rules the IA has...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Rules_on_Max_Number_of_Insurers_ENG.pdf -
Date: 2018-10-31
... Ref: MC/INT 1 August 2017 To: Chief Executives of All Authorized Insurers Carrying on Direct Business other than Captive Insurers Dear Sir/Madam, Fitness and Properness of Appointed Insurance Agents In the first half of 2017, the Insurance Agents Registration Board (IARB) substantiated a total of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Fitness_and_Properness_of_Appointed_Insurance_Agents.pdf -
Date: 2018-01-12
... on at least an annual basis to ensure such documents, data and information are up to date, and in failing to maintain effective procedures to discharge this duty. Monitoring transactions 14. Section 5(1)(c) of Schedule 2 to AMLO set out a financial institution’s duty to monitor continuously business...
https://www.ia.org.hk/english/infocenter/press_releases/files/Statement_of_Disciplinary_Action_20220131.pdf -
Date: 2022-01-31
[HTML]
Introduction
... Activity Under section 3A(a) of the IO, a person carries on a regulated activity if the person does any of the following acts (Part 1 of Schedule 1A to the IO): the act of negotiating or arranging a contract of insurance the act of inviting or inducing, or attempting...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/introduction_of_insurance_intermediaries.html -
Date: 2023-06-26
... The major changes since the last version (effective 1 January 2016) relate to the criteria for FNA exemption via digital channel. The proposed amendments aim at clarifying that the exemption also applies to cases where insurers distribute those products through the webpage / mobile app of their bank...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_HKFI_Initiative_on_FNA_v6_1_6_2018_20190823.pdf -
Date: 2019-12-20
... engage intermediaries early on in the regulation development process, we have set up a working group consisting of representatives of the Self-Regulatory Organisations1 and major insurance intermediary bodies, which is providing us with valuable comments in our process of developing new requirements. We...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf -
Date: 2021-12-14
... engage intermediaries early on in the regulation development process, we have set up a working group consisting of representatives of the Self-Regulatory Organisations1 and major insurance intermediary bodies, which is providing us with valuable comments in our process of developing new requirements. We...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf -
Date: 2022-05-24
... engage intermediaries early on in the regulation development process, we have set up a working group consisting of representatives of the Self-Regulatory Organisations1 and major insurance intermediary bodies, which is providing us with valuable comments in our process of developing new requirements. We...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf -
Date: 2020-06-23
... insurance intermediaries. Insurance Authority The Insurance Authority (“IA”) is a statutory body set up to administer the Insurance Ordinance. In accordance with section 4A(1) of the Insurance Ordinance, the principal functions of the IA are to regulate and supervise the...
https://www.ia.org.hk/english/legislative_framework/overview/an_overview_of_the_regulatory_framework.html -
Date: 2021-09-13