The insurance regulatory regime in Hong Kong

The last few years have seen major changes to financial services regulation in many jurisdictions, mainly in response to the global financial crisis. Some markets particularly the US and Europe will be dealing with significant reforms over the coming years. Hong Kong which has over the years enjoyed a light-touch approach to regulation generally, and self-regulation in the broker market is no exception to these reforms.

Ann Leung from DLA Piper's Hong Kong office provides an overview of the key changes and their implications.