Regulatory Alerts2014-12-08
Added · Updated
Selling of Non-Linked Long Term Insurance Products
The Hong Kong Monetary Authority issued this circular to establish practices expected of Authorized Institutions when selling Non-Linked Long Term Insurance products. The document outlines specific regulatory requirements and standards that financial institutions must adhere to during the sales process. It aims to ensure appropriate conduct and consumer protection in the wealth management sector regarding these insurance offerings.
CIR
Current
Issue Date:
08 Dec 2014
20141208-3-EN.pdf (163.3 KB)
Topic:
Wealth Management & MPF - Insurance products
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
08 Dec 2014
Selling of Non-Linked Long Term Insurance (“NLTI”) Products
CIR
Current
08 Dec 2014
Selling of Non-Linked Long Term Insurance (“NLTI”) Products
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
14 Mar 2011
Enhanced Regulatory Requirements on Selling of Investment-Linked Assurance Scheme (ILAS) Products
Annex: Control Measures for Selling of ILAS Products
CIR
Current
20 Oct 2020
Life Insurance Policy Replacement
Annex: Practices of AIs and Expected Standards on Life Insurance Policy Replacement
CIR
Current
08 Dec 2014
Mystery Shopping Programme (MSP) Findings
Annex: Mystery Shopping Programme Findings