Hong Kong’s insurance regulator told investors it remains in close contact with Mainland China ministries on regulatory issues including illegal cross‑border sales. Under current rules, life insurance sales must be completed in Hong Kong and licensed Hong Kong insurance intermediaries are prohibited from soliciting business in the mainland. Principals (insurers, brokers or agencies) must implement effective internal controls to ensure intermediaries act lawfully. Since 2016, additional superviso

Hong Kong’s insurance regulator told investors it remains in close contact with Mainland China ministries on regulatory issues including illegal cross‑border sales. Under current rules, life insurance sales must be completed in Hong Kong and licensed Hong Kong insurance intermediaries are prohibited from soliciting business in the mainland. Principals (insurers, brokers or agencies) must implement effective internal controls to ensure intermediaries act lawfully. Since 2016, additional supervisory requirements obligate mainland purchasers to sign an Important Information Declaration, require all sales and policy documents to be signed in Hong Kong, and require insurers to collect supporting evidence (eg, entry records) proving the customer was physically in Hong Kong at application.