Paper V — Investment-linked Life Insurance · Part 5: Regulatory Framework in HK
Q1免費 Free
保險業監管局（IA）的主要職責是什麼？
What is the primary responsibility of the Insurance Authority (IA)?
A. 監管香港的銀行業
B. 制定香港的貨幣政策
C. 監管香港的證券及期貨市場
D. 監管香港的保險業，包括發牌、監察及執法
A. To regulate the banking sector in Hong Kong
B. To formulate monetary policy for Hong Kong
C. To regulate the securities and futures market in Hong Kong
D. To regulate the insurance industry in Hong Kong, including licensing, supervision, and enforcement
顯示答案 / Show Answer
正確答案 / Correct Answer: D
保險業監管局（IA）是香港保險業的法定監管機構，負責監管保險公司及保險中介人。
其職責包括：發牌、持續監察、規管標準制定及執法行動。
監管銀行業屬金融管理局（HKMA）職責；監管證券市場屬證券及期貨事務監察委員會（SFC）職責。
The Insurance Authority (IA) is the statutory regulator of Hong Kong's insurance industry, responsible for regulating insurers and insurance intermediaries.
Its responsibilities include licensing, ongoing supervision, setting regulatory standards, and enforcement actions.
Regulating banking is the responsibility of the HKMA; regulating the securities market is the responsibility of the SFC.
Q2免費 Free
以下關於監管機構的陳述，哪些正確？
I. 由於 ILAS 涉及投資成分，SFC 對透過銀行或持牌機構銷售的 ILAS 相關中介人有監管權
II. SFC 全面負責監管 ILAS 產品及其銷售人員
III. SFC 對 ILAS 沒有任何監管角色
Which of the following statements about 監管機構 are correct?
I. As ILAS involves an investment component, the SFC has regulatory oversight over ILAS-related intermediaries who sell through banks or licensed corporations
II. The SFC is fully responsible for regulating ILAS products and their sellers
III. The SFC has no regulatory role in relation to ILAS
銀行透過理財顧問銷售 ILAS 時，相關人員可能需同時持有 IA 保險牌照及 SFC 的第 1 類（證券交易）或其他牌照。
監管重疊的原因在於 ILAS 兼具保險與投資產品的特性。
ILAS is primarily regulated by the Insurance Authority (IA), but due to its investment component, the SFC also has regulatory oversight over ILAS-related intermediaries who sell through banks (licensed corporations).
When banks sell ILAS through financial advisors, the relevant personnel may need to hold both an IA insurance licence and an SFC Type 1 (dealing in securities) or other licence.
The regulatory overlap arises because ILAS has characteristics of both insurance and investment products.