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HK IA Working Closely with Insurers Interested in Re-domiciliation
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Regarding the company re-domiciliation regime, the Insurance Authority (IA) said that the regime, which came into effect today (23rd), provides a simple and cost-effective framework for companies seeking re-domiciliation to Hong Kong. The IA will also issue a circular to provide guidance to authorized insurers considering re-domiciliation. The IA is working closely with interested insurers to assist them in quickly initiating their re-domiciliation process under the new regime. AAStocks Financial News Website: www.aastocks.com |
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