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... which the insurance market can grow and flourish. Three weeks ago, we have taken one step forward and extended our regulatory ambit to insurance intermediaries. Taking over the regulation of insurance intermediaries and putting it on a statutory footing marks one of the most significant milestones in...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf - Date: 2021-12-09
... which the insurance market can grow and flourish. Three weeks ago, we have taken one step forward and extended our regulatory ambit to insurance intermediaries. Taking over the regulation of insurance intermediaries and putting it on a statutory footing marks one of the most significant milestones in...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf - Date: 2021-09-08
... which the insurance market can grow and flourish. Three weeks ago, we have taken one step forward and extended our regulatory ambit to insurance intermediaries. Taking over the regulation of insurance intermediaries and putting it on a statutory footing marks one of the most significant milestones in...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_2019.pdf - Date: 2020-06-12
... Hong Kong. The AIF is a high-level platform for international and local financial regulators, industry leaders, academics and professionals to exchange views on the direction and strategies for the future development of the insurance industry, with a special focus on the Belt and Road Initiative and...
https://www.ia.org.hk/english/infocenter/press_releases/20181105.html - Date: 2018-11-05
... Exciting business opportunities ahead for the insurance sector in Hong Kong 29 September 2021 Echoing observations made in the “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities”, the Insurance...
https://www.ia.org.hk/english/infocenter/press_releases/20210929.html - Date: 2021-09-29
... Regulatory Reminders Mystery Shopping Programme on Selling Practices of Qualifying Deferred Annuity Policies in Hong Kong December 2023   In 2022, a joint Mystery Shopping Programme (“MSP”) was conducted by the IA, the MPFA and the Hong Kong...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_08_04.html - Date: 2024-01-12
... company, by prohibiting him from applying for a licence for 4.5 years on the grounds that he is guilty of misconduct and not a fit and proper person after having fabricated a certificate of insurance for a professional liability and employees’ compensation insurance policy. On 12 January...
https://www.ia.org.hk/english/infocenter/press_releases/20240111.html - Date: 2024-01-11
... processes. It is vital that insurers should continue to enhance and integrate the enterprise risk management (“ERM”) and ORSA framework into their risk culture, instead of a compliance exercise. We recognize ORSA as an ongoing improvement process and would like to share our observations on key areas of ORSA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf - Date: 2022-05-31
... Hong Kong’s Money Laundering and Terrorist Financing Risk Assessment Report 2 May 2018 Our Ref: INS/TEC/6/45 To: Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Hong Kong’s Money Laundering and Terrorist Financing Risk Assessment Report We are writing to draw...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180502.pdf - Date: 2019-02-01
... April 2019 Consultation Conclusions on Draft Insurance (Maximum Number of Authorized Insurers) Rules April 2019 Contents Introduction 1 Feedback Received and Insurance Authority’s Response 2 Conclusions and Next Steps 6 Annex A – Final Form of Insurance (Maximum Number of Authorized Insurers...
https://www.ia.org.hk/english/infocenter/files/final_Max_Number_Rules_Conclusions_Eng.pdf - Date: 2019-09-03