... Professional Development (CPD) training, codes of conduct, and minimum capital and net asset requirements for broker companies. The IA is also responsible for handling complaints related to the conduct of insurance intermediaries2, conducting investigation into alleged cases of non-compliance, and taking...

... This paper updates two earlier FATF guidance papers: The Implementation of Financial Provisions of United Nations Security Council Resolutions to Counter the Proliferation of Weapons of Mass Destruction (2013) and Best Practices Paper to Recommendation 2 Information Sharing and Exchange Related to the...

..., including the continuity of critical financial services, can be mitigated while losses are imposed on the institution’s shareholders and creditors, thereby minimising risks posed to public funds. As provided by section 2 of the Ordinance, the financial institutions falling under the scope of the Ordinance...

...) 10:20-10:40 20 mins Sharing #1 “Virtual Onboarding Platform” Ms Selina Lau, Chief Executive, The Hong Kong Federation of Insurers (HKFI) 10:40-11:00 20 mins Sharing #2 “Silver lining in the pandemic cloud” Mr Marty Lui, Associate Director, Long Term Business, IA 11:00-11:30 30 mins Interactive...

... is an organization): Contact Details: Question 1 Do you agree that the existing framework in relation to the maximum number of authorized insurers (including Lloyd’s) by which an individual insurance agent or an insurance agency can be appointed, should be retained? Question 2 Do you agree that the...

..., directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights at general meetings of the company; or (iii) exercises ultimate control over the management of the company. 2 Form S6 II. Other Licence(s) Granted by Financial Regulators Please provide the...

..., directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights at general meetings of the company; or (iii) exercises ultimate control over the management of the company. 2 Form S6 II. Other Licence(s) Granted by Financial Regulators Please provide the...

... the person. 2. Pursuant to the new section 83 of the Ordinance, the IA must not exercise its power under section 81 to impose a pecuniary penalty unless it has published, in the Gazette and in any other manner it considers appropriate, guidelines to indicate the way in which it proposes to exercise...

... the person. 2. Pursuant to the new section 83 of the Ordinance, the IA must not exercise its power under section 81 to impose a pecuniary penalty unless it has published, in the Gazette and in any other manner it considers appropriate, guidelines to indicate the way in which it proposes to exercise...

... April 2013 pertaining to the Sale of Investment Linked Assurance Scheme (“ILAS”) issued by the Life Insurance Council of the Hong Kong Federation of Insurers (“HKFI”). The Insurance Authority considers it necessary for these requirements to be enhanced to protect further ILAS customers. 2 Purpose The...