Country Profile - Hong Kong: Recent proposals regarding Insurance Regulation in Hong Kong

June 2011
Asia Insurance Review;Jun2011, p15
Trade Publication
The article reports that three major public consultations on the regulation of the insurance industry have been launched in Hong Kong, China. Unlike other financial services regulators in Hong Kong, and in other international financial centres, the Office of the Commissioner of Insurance (the OCI) is a civil servant and government department under the Financial Services and Treasury Bureau (FSTB). The self-regulatory regime for insurance intermediaries would also be abolished soon.


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