Hong Kong SAR Chief Executive Donald Tsang said Wednesday there was a need for Hong Kong to establish an independent insurance regulatory body. “This will give the regulatory body more flexibility in operations and staff recruitment, and prepare Hong Kong for the ‘ risk-based capital regulatory regime’ to be adopted by the international community,” Tsang said while delivering his annual policy …
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This entry was posted on October 19, 2008 at 10:59 am and is filed under OPPORTUNITY.