Surge in the purchase of foreign insurance regulatory concerns cited Hong Kong to buy insurance shou boee

Surge in the purchase of foreign insurance regulatory concerns cited Hong Kong to buy insurance should pay attention to the risk of We want you! The first 2016 China Potter Rockefeller award officially started! Funds, insurance, brokerage and other financial institutions, information management capabilities which is better? Please click [vote], select the strongest institutions in your heart! (original title: overseas purchase insurance regulators cited concern surge in Hong Kong to buy insurance should pay attention to risk) on Friday evening news, October 29th Hongkong insurance company suspended mainland customers UnionPay card to pay the premium. UnionPay international night issued a statement denying the above information. However, the recent surge in offshore insurance business transactions do indeed lead to regulatory concerns, consumers should also pay attention to the risk of selecting insurance products. Events outside the surge in the purchase of insurance cited regulatory concerns recently, media reports said that China UnionPay confirmed at 0 a.m. on October 29th, a full suspension of the payment of insurance premiums to pay the Hongkong unionpay. Hongkong insurance company products (including savings and life insurance critical illness insurance and other insurance premiums), can not use the UnionPay card payment mode. UnionPay international response: we did not stop the payment of foreign insurance businesses UnionPay card service. In accordance with the requirements of regulatory policy, domestic UnionPay card issued only for personal travel, consumer payment, shall not be used for the capital and financial account transactions, therefore, UnionPay cards can only be used with travel accident, disease and other consumer related projects often can not buy insurance, with capital investment properties of life insurance. Need to be reminded that, since the overseas insurance belongs to the restricted category merchant category, domestic bank card to buy related insurance products, have a single $5000 limit, which can not only meet the domestic demand of the cardholder to buy micro insurance, and the insurance investment restrictions involving capital projects." Since then, the International Union also issued a detailed statement on the weekend, the statement said, "recently, we found that the merchant transaction monitoring, some overseas insurance businesses are single merchant multiple transactions in the volume of a single card. In order to further standardize the overseas insurance businesses accept domestic UnionPay card, recently, we released the "overseas insurance businesses accept UnionPay cards in compliance guidelines" (hereinafter referred to as the "guide" "), reiterated that the relevant regulatory requirements and business rules, ensure compliance within the territory of China UnionPay cards in overseas use." It is understood that the guidelines currently in Hongkong trial, applicable to foreign insurance businesses in the POS terminal, the Internet, mobile payment and other channels to accept the domestic UnionPay card case. The main contents include: first, domestic residents in the country to buy and accident, disease and other tourism related to the consumption of current account insurance, you can use UnionPay card payment; other insurance items are prohibited to use UnionPay card payment. The two is to strictly implement the foreign exchange policy provisions of foreign insurance business single transaction does not exceed $5000 or other equivalent amount of foreign currency consumption limit. The three is to strengthen the management of overseas insurance agencies to collect the requirements of the merchant class, including: accurately set the merchant category code, to strengthen the training of merchants and abnormal transaction monitoring, strengthen business inspection, etc.. UnionPay international stressed: on相关的主题文章: