The Financial Services and the Treasury Bureau/Office of the Commissioner of Insurance will submit the “Proposed Framework for the Establishment of a Policyholders’ Protection Fund in Hong Kong” to the LegCo Panel of Financial Affairs on 6 July 2009.
Please visit http://www.legco.gov.hk/yr08-09/chinese/panels/fa/papers/fa0706cb1-2095-4-c.pdf
I will actively push the legislation and the launch of the Policyholders’ Protection Fund within 2010. Your comments are most welcome.