IFAA News and Updates

Welcoming the new Commissioner of Insurance

Lunch with Mr. Clement Cheung

The IFAA hosted a lunch on 27 September 2006 to welcome the new Commissioner of Insurance, Mr. Clement Cheung.

On September 27, our Councilors met with Mr. Clement Cheung, the Commissioner of Insurance and Mr. David Liu, Senior Insurance Officer, and two executives from the Office of the Commissioner of Insurance (OCI) over a luncheon.

A number of issues were discussed during the meeting including the need for sterner measures against improper practices to protect the investing public. Of particular concern were the recent cases of fraud reported in the industry. Mr. Cheung hoped the continued communication between the industry and regulatory bodies will help to improve the situation and provide a more secure environment for consumers. Mr. Cheung and his team were also open-minded in their response to the IFAA concerns about compliance issues.

Other News

Newly launched IFAA announces unequivocal results of Hong Kong IFA industry survey

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Neilson reappointed IFAA Vice Chairman

In June, Phil Neilson was reappointed as Vice Chairman of IFAA... More >

SFC’s Johnston speaks at IFAA inaugural event

On 15 December 2005, the IFAA held its first seminar to promote its recent formation and to inform and educate the audience of IFAs on its objectives and intentions.
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July 2006: Our new website has been designed with future expansion and advanced technologies in mind. We recommend using the more recent browser versions to view this site. More >

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