Compliance, Legislative & Regulatory Standards
[Webinar] Data Protection Requirements for Insurance Practitioners
Overview
Leakage of personal data can have a ripple effect in the community. Licensed insurance agencies companies or licensed insurance brokers companies (‘licensed corporates’) and licensed insurance agents or licensed technical representatives (agents or broker) (‘licensed individuals’) must know the fundamental requirements of the Personal Data (Privacy) Ordinance and at the same time, keep abreast of the latest regulatory developments.
Objective
By the end of this course, participants will know:
1. the applicable legal/ regulatory requirements on data protection
2. the latest development on data protection
3. the possible implications on business operations and conduct of industry practitioners
4. the consequence of non-compliance with the requirements
Content
1. The fundamental requirements of Personal Data (Privacy) Ordinance:
- Six data protection principles
- Data access requests
- Use of data for the purpose of direct/ cross marketing
- Protection of personal data collected
2. Applicable codes and guidelines in relation to data users:
- Codes
- Guidelines
3. The latest development updates:
- Implementation of the guidelines
- Supervisory approach
- Enforcement approach
4. The possible impacts on licensed corporates and industry practitioners
Who should attend
This course is primarily targeted at licensed insurance brokers, agencies and technical representatives. It is also applicable to in-house counsel, compliance and senior management such as responsible officers, directors and CEOs of insurance companies.