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Mayer Brown
The MoU is also relevant to the regulation of insurance linked securities (ILS) as the IA prepares to launch an ILS regime in Hong Kong soon.
Clyde & Co
The Explanatory Note also contains useful frequently asked questions (FAQs) on these secrecy obligations.
Mayer Brown
On 24 July 2020, Hong Kong's Legislative Council passed two bills amending the Insurance Ordinance (Cap. 41) (IO).
Mayer Brown
The Insurance Authority of Hong Kong (IA) recently issued a set of Frequently Asked Questions (FAQ) in relation to enforcement.
Clyde & Co
The Hong Kong Government and other bodies of authority have been proposing to implement a number of key measures to enhance the attractiveness of the insurance industry in Hong Kong.
Mayer Brown
In the Chief Executive's Policy Address in 2018 and the 2019-2020 Budget Speech by the Financial Secretary, the government announced that, as part of its initiative to promote the development of the insurance industry...
Clyde & Co
The Hong Kong Insurance Authority (IA), an independent statutory body, has taken over regulatory control for insurance intermediaries.
Mayer Brown
Banks have certain activities related to insurance, such as referrals, premium financing and trust arrangements.
Mayer Brown
The number of cyber attacks is on the increase and so is their level of sophistication.
Clyde & Co
The Hong Kong Insurance Authority has published the new Code of Conduct for Licensed Insurance Agents (Agents' Code)
Herbert Smith Freehills
On 23 September 2019, the new statutory regime for the regulation of insurance intermediaries will take effect.
Clyde & Co
The new statutory licensing and conduct regime for insurance intermediaries comes into operation on 23 September 2019.
Mayer Brown
On 23 September 2019, the Insurance Authority in Hong Kong will take over regulation of insurance agents and brokers from the self-regulatory bodies (SROs),
Clyde & Co
The Insurance Authority has issued two new guidelines for licensed insurance intermediaries (the Guidelines)
Clyde & Co
The Hong Kong Insurance Authority has published consultation conclusions (Consultation Conclusions) on the draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect
Herbert Smith Freehills
Last Friday, the Hong Kong Insurance Authority published its Guideline on Cybersecurity (GL 20) for authorised insurers. GL 20 will take effect on 1 January 2020.
Mayer Brown
The new Section 90 of the Insurance Ordinance Cap. 41 ("Ordinance") introduces statutory conduct requirements for licensed insurance agents and insurance brokers.
Mayer Brown
Under the new insurance licensing regime, Section 64G of the Insurance Ordinance Cap.
Mayer Brown
The new Hong Kong insurance intermediary regime is expected to commence in mid-2019.
Intertrust
With Singapore raising its profile in the alternative risk market, and Hong Kong introducing a new insurance bill, ILS opportunities in Asia are going from strength to strength.
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