... groups on a wide range of areas including enterprise risk management, corporate governance, capital requirements and public disclosure. The GL32 came into effect on 14 May 2021. The IA recognizes that a DIHC, following its designation, may require time to update its controls, systems and processes to...

... groups on a wide range of areas including enterprise risk management, corporate governance, capital requirements and public disclosure. The GL32 came into effect on 14 May 2021. The IA recognizes that a DIHC, following its designation, may require time to update its controls, systems and processes to...

... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....

... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....

... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....

... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....

... and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff, IA staff will work from home. The IA will continue to review the...

... interest based on the relevant actual interest rate determined by the insurer. Reversionary bonus The face value of the bonus is fixed once declared and is a permanent addition to the sum assured in the policy and...

..., removing, for a premium, the potential financial loss from the individual and placing it upon the insurer. The primary benefit is seen in the financial compensation made available to insured victims of the various insured events. On the commercial side, this enables businesses to survive major fires...

... activities (Telemarketing), the Mandatory Provident Fund Schemes Authority (“MPFA”) has issued the Guidance Note on Conducting Sales by Unsolicited Calls (“Guidance Note”), which has taken effect on 1 September 2023. The Guidance Note aims at setting out the requirements and...