Regulating insurance intermediaries in Hong Kong: a new milestone for the industry

Raymond S Y Chan; Lawrence Lei; Angus Young

Regulating insurance intermediaries in Hong Kong: a new milestone for the industry

Raymond S Y Chan, Lawrence Lei, Angus Young

Research output: Contribution to journal › Journal article › peer-review

Abstract

Highlights changes to the regulation of insurance intermediaries in Hong Kong, with the Insurance Authority assuming all responsibilities from existing self-regulating organisations (SROs) in September 2019. Discusses the significance of conduct risk in preventing wrongdoing, the evolution of the regulatory regime, the reasons for shifting responsibility from SROs, and key features of the conduct requirements and corporate governance rules.

Original language	English
Pages (from-to)	496-504
Number of pages	9
Journal	Journal of International Banking Law and Regulation
Volume	35
Issue number	12
Publication status	Published - Jan 2020

User-Defined Keywords

Hong Kong
Insurance intermediaries
Regulatory bodies

Cite this

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abstract = "Highlights changes to the regulation of insurance intermediaries in Hong Kong, with the Insurance Authority assuming all responsibilities from existing self-regulating organisations (SROs) in September 2019. Discusses the significance of conduct risk in preventing wrongdoing, the evolution of the regulatory regime, the reasons for shifting responsibility from SROs, and key features of the conduct requirements and corporate governance rules.",

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KW - Regulatory bodies

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