... potential losses from cyber events. As the regulators, we have to closely monitor the cyber risk management and control systems of insurers to ensure that they align with international best practices. The IA has recently formed an expert panel to help us formulate a cybersecurity strategy. The sharing of...

... cooling-off period, and alleged unresponsiveness to client’s instructions/ enquiries. CONDUCT IN FOCUS 7 The IA’s Disciplinary Panel Pool and Expert Advisor Panel As at the end of September 2020, the IA has initiated 37 statutory investigations. The nature of these cases include allegations of the use of...

... cooling-off period, and alleged unresponsiveness to client’s instructions/ enquiries. CONDUCT IN FOCUS 7 The IA’s Disciplinary Panel Pool and Expert Advisor Panel As at the end of September 2020, the IA has initiated 37 statutory investigations. The nature of these cases include allegations of the use of...

... necessary to make it enforceable. The FATF has therefore called on its members to apply counter-measures to Myanmar with immediate effect. Such counter-measures, as applicable in the Hong Kong context, are detailed in paragraphs 6 to 10 of the jurisdiction-specific advisory which is attached at...

... groups on a wide range of areas including enterprise risk management, corporate governance, capital requirements and public disclosure. The GL32 came into effect on 14 May 2021. The IA recognizes that a DIHC, following its designation, may require time to update its controls, systems and processes to...

... groups on a wide range of areas including enterprise risk management, corporate governance, capital requirements and public disclosure. The GL32 came into effect on 14 May 2021. The IA recognizes that a DIHC, following its designation, may require time to update its controls, systems and processes to...

... regulations”), and the acceptance of e-learning courses for this purpose. In order to facilitate implementation, certain exemptions and transitional arrangements are provided for existing practitioners. The two guidelines will take effect immediately upon commencement of the new statutory regulatory...

..., personal accident, disability or long-term care cover). With immediate effect until 30 June 2020, insurers and intermediaries are allowed to distribute those life insurance products through non-face-to-face methods. Measures have been put into place to ensure that the interests of policy holders...

... 2017年香港長期保險業務統計數字附註 Notes to Hong Kong Long Term Insurance Business Statistics 2015 1. 由於受刪除尾數的效果影響，不同附表中的數字，可能稍有差別。 Slight discrepancies may be found in figures reported in different tables due to the effect of rounding off. 2. 專業再保險公司及勞合社的數字並不包括在內。 Figures for pure reinsurers and Lloyd’s were...

... the relevant requirements. The FAQs are not intended to be exhaustive, and will be kept under review and updated when necessary. This Circular shall come into effect on 23 September 2019. Should you have any questions, please contact your case officers. Yours faithfully, Carol Hui Executive Director...