The Insurance Authority (IA) on 3 July 2024 joined industry stakeholders in welcoming the release of consultation conclusion and legislative proposals by the Government on introduction of a company re-domiciliation regime. “The insurance sector has been calling for a regime that enables offshore companies with significant local presence to relocate their headquarters back to Hong Kong in a seamless manner. This is indeed a strong vote of confidence in our competitiveness as an international financial centre,” said Mr Clement Cheung, Chief Executive Officer of the IA.
Resources: https://www.ia.org.hk/en/infocenter/press_releases/20240703.html