Government Regulations
The Financial Regulatory Authority (FRA) has issued regulations governing insurance operations covered by the Government Fund for Insurance against Risks Arising from Medical Errors, as part of efforts to enforce the Unified Insurance Law and the Law Regulating Medical Liability and Patient Safety. The regulations set out a framework for determining annual insurance premiums for medical professionals and facilities based on the nature of their activities, while obliging the fund to conduct actuarial studies to ensure fair pricing and long-term financial sustainability.
Reported by AI
Following the Wang Fuk Court blaze and removal of nets from 420 renovation sites, Secretary for Development Bernadette Linn has rejected extending accreditation requirements to suppliers, deeming it overreach, while welcoming a Construction Industry Council recommended supplier list.