Guidelines - Insurance Authority

GL3A: Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter-Terrorist Financing. Skiptocontent LegislativeandRegulatoryFramework >Guidelines Guidelines Search Entersubjectkeywords: Bytopic: All Insurers(CarryingonGeneralBusiness) Insurers(CarryingonLongTermBusiness) AuthorizationofInsurers SaleofLongTermInsurancePolicies Internet-relatedAreas InsuranceIntermediaries AMLmatters DesignatedInsuranceHoldingCompany Guideline(s) GL1:AuthorizationGuideline GL2:GuidelineonInsurance(GeneralBusiness)(Valuation)Rules GL3:GuidelineonAnti-MoneyLaunderingandCounter-TerroristFinancing GL3A:GuidelineonExercisingPowertoImposePecuniaryPenaltyinrespectofAnti-MoneyLaunderingandCounter-TerroristFinancing GL4:Guidelineon"FitandProper"CriteriaundertheInsuranceOrdinance(Cap.41) GL5:GuidelineonApplicationforAuthorizationtoCarryonInsuranceBusinessinorfromHongKong GL6:GuidelineonReservingforMortgageGuaranteeBusiness GL7:GuidelineontheReserveProvisionforClassGofLongTermBusiness GL8:GuidelineontheUseofInternetforInsuranceActivities GL9:GuidelineonActuarialReviewofInsuranceLiabilitiesinrespectofEmployees'CompensationandMotorInsuranceBusinesses GL10:GuidelineontheCorporateGovernanceofAuthorizedInsurers GL11:GuidelineonClassificationofClassC-LinkedLongTermBusiness GL12:GuidelineonReinsurancewithRelatedCompanies GL13:GuidelineonAssetManagementbyAuthorizedInsurers GL14:GuidelineonOutsourcing QuestionsandAnswerson“GuidelineonOutsourcing”(“GL14”) GL15:GuidelineonUnderwritingClassCBusiness GL16:GuidelineonUnderwritingLongTermInsuranceBusiness(otherthanClassCBusiness) QuestionsandAnswerson“GuidelineonUnderwritingLongTermInsuranceBusiness(otherthanClassCBusiness)”(“GL16”) GL17:GuidelineonReinsurance GL18:GuidelineonExercisingPowertoImposePecuniaryPenaltyinrespectofAuthorisedInsurersundertheInsuranceOrdinance(Cap,41) GL19:GuidelineonQualifyingDeferredAnnuityPolicy GL20:GuidelineonCybersecurity GL21:GuidelineonEnterpriseRiskManagement PrescribedScenariosforthestressandscenariotestingtobeusedbyauthorizedinsurerscarryingongeneralinsurancebusinessforthepurposeofOwnRiskSolvencyAssessmentReport PrescribedScenariosforthestressandscenariotestingtobeusedbyauthorizedinsurerscarryingonlongterminsurancebusinessforthepurposeofOwnRiskSolvencyAssessmentReport GL22:GuidelineonExercisingPowertoImposePecuniaryPenaltyinRespectofRegulatedPersonsundertheInsuranceOrdinance(Cap.41) GL23:Guidelineon"FitandProper"CriteriaforLicensedInsuranceIntermediariesundertheInsuranceOrdinance(Cap.41) ListofAcceptableInsuranceQualifications GL24:GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries InterpretationNotes CPDDeclarationForm RequirementsapplicabletoE-learningActivities GL25:GuidelineonOfferingofGifts InterpretationNotes GL26:GuidelineonSaleofInvestment-LinkedAssuranceScheme(“ILAS”)Products InterpretationNotes Appendix1-ImportantFactsStatementandApplicant’sDeclarations[Word] GL27:GuidelineonLongTermInsurancePolicyReplacement InterpretationNotes GL28:GuidelineonBenefitIllustrationsforLongTermInsurancePolicies InterpretationNotes GL29:GuidelineonCooling-offPeriod InterpretationNotes GL30:GuidelineonFinancialNeedsAnalysis InterpretationNotes GL31:GuidelineonMedicalInsuranceBusiness FrequentlyAskedQuestions GL32:GuidelineonGroupSupervision GL33:GuidelineonApplicationforAuthorizationtoCarryonSpecialPurposeBusiness TheabovematerialsarepresentedinPDFformat,unlessstatedotherwise.PleasedownloadAdobeReaderforviewing.InstalltheAsianFontPackifnecessary.