On 10 September 2026, it was announced that Mr Stephen Yiu and Mr Clement Cheung of the Insurance Authority visited Beijing last week and met with NFRA Vice Minister Xiao Yuanqi on the afternoon of 3 September 2026 to discuss Hong Kong insurance industry integration into national development and regulatory collaboration.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
SPOTLIGHT ON
FAMILY OFFICES
Official Visit to the National Financial Regulatory Administration
On 10 September 2026, it was publicly announced that Mr Stephen Yiu, serving as Chairman of the Insurance Authority (the "IA"), together with Mr Clement Cheung, in his capacity as Chief Executive Officer of the IA, had undertaken a working visit to the National Financial Regulatory Administration (the "NFRA") in Beijing during the preceding week.
Bilateral Meeting and Substantive Discussions
On the afternoon of 3 September 2026, Mr Yiu and Mr Cheung were received by Mr Xiao Yuanqi, who holds the positions of Member of the CPC Committee of the NFRA and Vice Minister of the NFRA. During this meeting, both parties engaged in substantive discussions concerning (i) the strategic direction for further integrating Hong Kong's insurance sector into the broader national development framework; and (ii) key regulatory priorities and areas of potential collaboration between the respective authorities.
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