Insurance Ordinance

(1C)
Subject to
subsection (2)
and despite
section 53A
, the
                Authority may disclose information to an authority in a place outside Hong Kong
if—
(Amended
23 of 2016 s. 240
)
(a)
that authority performs functions in that place broadly comparable to those
                    of a resolution authority in Hong Kong; and
(b)
in the opinion of the
Authority—
(Amended
23 of 2016 s. 240
)
(i)
that authority is subject to adequate secrecy provisions in that place;
                        and
(ii)
the information is necessary to enable or assist that authority to
                        perform functions in that place broadly comparable to those of a resolution
                        authority in Hong Kong.
(Added
23 of 2016 s. 208
)