Tag Archives: insurance authority

Hong Kong prepares for regulation of insurance intermediaries in mid-2019 – progress to date

The Hong Kong Insurance Authority (IA) is expected to assume responsibility for regulating insurance intermediaries from around the middle of 2019. In preparation for the new regime, the IA has launched a number of public consultations on guidelines and rules.  … Continue reading

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Filed under Intermediaries, Legal/Regulatory

AML/CFT COMPLIANCE A KEY FOCUS OF RECENT SUPERVISORY INSPECTIONS BY THE HONG KONG INSURANCE AUTHORITY

Late last week, the Hong Kong Insurance Authority (IA) published a circular setting out its key findings from anti-money laundering and counter-financing of terrorism (AML/CFT) onsite inspections of authorised insurers carrying on long term business. The IA conducted visits of … Continue reading

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Filed under Insurers

Herbert Smith Freehills publishes new guide to the Independent Insurance Authority in Hong Kong

Hong Kong is about to establish a unified insurance regulatory regime under the auspices of a new body, to be named the ‘Insurance Authority’. The creation and set up of an independent insurance authority is regarded by the Hong Kong … Continue reading

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Filed under Insurers, Legal/Regulatory