Brokers will have 12 months from commencement to fully implement transition requirements covering strata, remuneration disclosure, vulnerable clients, record-keeping and renewals.
The regulator said Anatoly's promoter failed to disclose his links to a corporate agent whose licence renewal was refused in 2025 over false declarations and net-worth violations.
The Hong Kong reinsurer posted a 91.0% non-life net combined ratio in 2025 and lifted net profit to HK$1.3bn (US$167m) on higher underwriting and investment results.
The questionnaire seeks views on whether the claimed public benefits are sufficient to outweigh the competition concerns that have twice derailed the transaction.
