...) (“Insurance Ordinance”) to regulate and supervise the insurance industry.    In line with its regulatory functions and powers, the IA may handle complaints regarding the conduct of authorized insurers and licensed insurance intermediaries (being licensed insurance...

... 2024 12 January 2024 United Nations (Anti-Terrorism Measures) Ordinance G.N. (E.) 4 of 2024 11 January 2024 Updated list of relevant persons and entities under the United Nations Sanctions (ISIL...

... Destruction” 1 , which is available on the FATF’s website (http://www.fatf-gafi.org/publications/financingofproliferation/documents/guidan ce-counter-proliferation-financing.html). The paper provides guidance to facilitate both public and private sector stakeholders in understanding and implementing...

... Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Bill 2017 7 July 2017 Direct line: 2153 2181 Our Ref: INS/TEC/6/45 To: Chief Executive of all authorized insurers carrying on long term business Dear Sirs, Anti-Money Laundering and Counter-Terrorist...

... Financial Arrangements The International Association of Insurance Supervisors requires that insurance regulators should be financially and operationally independent of the Government and the industry. The costs for establishing and operating the...

... Understanding Travel Insurance Claims cases Case 1: Trip delay Ms. Lai was notified by the airline that her scheduled flight back to Hong Kong in the morning was cancelled due to a mechanical breakdown, and that another flight had been...

... standards of conduct and business practice for authorized insurers underwriting Investment-Linked Assurance Schemes (“ILAS”) business. 1.2 In response to GN 15, this Guidance Note is issued to set out such standards of conduct and business practice in so far as they are applicable to members of PIBA in...

... comply with the Continuing Professional Development (“CPD”) Programme requirements thereafter (Please refer to the CPD Information Sheet for details). Target Persons  Insurance agents and insurance brokers;  Their chief executives/responsible officers (persons who are responsible for the overall...

... Whistleblowing Policy  The Insurance Authority (“IA”) is committed to promoting and maintaining high standards of transparency, accountability and integrity.  The IA has put in place Whistleblowing Policy to provide reporting channels...

... Circular: FAQs on GL31 23 September 2020 Our Ref: INS/TEC/13/53 Sub-File 1 By e-mail only To: Chief executives of authorized insurers and responsible officers of licensed insurance broker companies Dear Sirs, Frequently Asked Questions on Guideline on Medical Insurance Business (GL31) Further to...