... the smooth transfer of our work to the independent Insurance Authority (“IIA”). Having issued the consultation conclusions on a Risk-based Capital Framework for the insurance industry in September 2015, we are proceeding to the next phase which involves developing the detailed rules and carrying out...

... the smooth transfer of our work to the independent Insurance Authority (“IIA”). Having issued the consultation conclusions on a Risk-based Capital Framework for the insurance industry in September 2015, we are proceeding to the next phase which involves developing the detailed rules and carrying out...

... Intermediaries Qualifying Examination (IIQE) In view of the latest COVID-19 situation, the Vocational Training Council (VTC), being the appointed examination body for the IIQE, is providing limited services and there is a substantial decrease in its on-campus IIQE seating capacity. The VTC, however, is...

... officers may otherwise have a connection; (v) to display and publish personal data on the public registers maintained under the Ordinance (where applicable); (vi) to investigate complaints and handle enquiries; (b) to co-operate with and assist any other regulatory body and/or law enforcement body of Hong...

... officers may otherwise have a connection; (v) to display and publish personal data on the public registers maintained under the Ordinance (where applicable); (vi) to investigate complaints and handle enquiries; (b) to co-operate with and assist any other regulatory body and/or law enforcement body of Hong...

... tools in coping with uncertainties: professionalism and optimism. 1 Mr Peter Duran, President of Actuarial Society of Hong Kong 2 Now, let me firstly look into “Professionalism”. I know that Peter will be moderating the fourth plenary session tomorrow on the topic of “professionalism” and I am therefore...

... tools in coping with uncertainties: professionalism and optimism. 1 Mr Peter Duran, President of Actuarial Society of Hong Kong 2 Now, let me firstly look into “Professionalism”. I know that Peter will be moderating the fourth plenary session tomorrow on the topic of “professionalism” and I am therefore...

... management centre and regional insurance hub. Issuance of the first catastrophe bond, operationalisation of the group-wide supervision framework as well as sharpened focus on green and sustainable finance are some notable achievements,” said Mr Clement Cheung, Chief Executive Officer of the IA....

... Questions and Answers on “Guideline on Outsourcing” (“GL14”) Q1 Is management of investment assets by a service provider, such as providing investment advice and/or buying securities, regarded as outsourcing? A1 Such activity falls under “investment management” in Annex 1 to GL14 and is regarded...

... classes 6 (ships) and 12 (liability for ships) of insurance business as specified in the Insurance Ordinance) insurance contracts. In light of the uniqueness of business operations of eligible marine insurers, the IA has exempted them from the following guidelines: GL20: Guideline on...