Regulatory Alerts2019-09-25
Added · Updated
Enhanced Measures on Selling of Annuity Insurance Products
The Hong Kong Monetary Authority issued this circular to implement enhanced measures for the sale of annuity insurance products by authorized institutions. The document mandates specific operational standards and clarifications to ensure appropriate product suitability and consumer protection. These requirements supplement existing guidelines on the selling of life and medical insurance products.
CIR
Current
Issue Date:
25 Sep 2019
20190925-2-EN.pdf (60.5 KB)
Topic:
Wealth Management & MPF - Insurance products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
25 Sep 2019
Enhanced Measures on Selling of Annuity Insurance Products
Annex
Current
25 Sep 2019
Annex 2 - Requirements on the Annuity Payment Table
CIR
Current
25 Sep 2019
Enhanced Measures on Selling of Annuity Insurance Products
Annex
Current
25 Sep 2019
Annex 2 - Requirements on the Annuity Payment Table
Cross referenced Document
Version History
Superseded Document
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