Insurance Ordinance

(1A)
A licensed insurance agency must permit an insurance supervisory authority of a place outside Hong Kong to examine its books, accounts and transactions in Hong Kong
if—
(a)
that
agency—
(i)
is incorporated, or has its principal place of business, in that place; or
(ii)
is incorporated in or outside Hong Kong and is a subsidiary or associate of an insurance agency incorporated, or which has its principal place of business, in that place; and
(b)
that insurance supervisory authority has, subject to subsection (2), the approval of the Authority to carry out such an examination.
(Added
12 of 2015 s. 69
)