... initiatives and new role in facilitating market and industry development 3 Phased approach Phase 1 • 7 Dec 2015 to 26 June 2017 • IA was vested with certain administrative functions only and co-existed with the Office of the Commissioner of Insurance (OCI) Phase 2 • From 26 June 2017 • Takeover of OCI’s...

... And what a difference a year makes! This time last year we were looking at disappointing results which showed that only approximately  90% of Individual Licensees in the market had met their Continuing Professional Development (“CPD”) requirements for the assessment period from 1 August 2021...

... Insurance Intermediaries – Assessment Period 2021/2022 The current CPD assessment year runs from 1 August 2021 to 31 July 2022 (“Assessment Period 2021/2022”) and is the first during which the CPD requirement has increased from 10 hours to 15 hours (with 3 of the 15 hours having to be in “Ethics or...

... initiatives and new role in facilitating market and industry development 3 Phased approach Phase 1 • 7 Dec 2015 to 26 June 2017 • IA was vested with certain administrative functions only and co-existed with the Office of the Commissioner of Insurance (OCI) Phase 2 • From 26 June 2017 • Takeover of OCI’s...

... 1 https://ia.org.hk/en/legislative_framework/files/GL15.pdf https://ia.org.hk/en/legislative_framework/files/GL16.pdf https://ia.org.hk/en/legislative_framework/files/GL16.pdf Coverage period Fixed term or until a specified age Death benefits It is normally a fixed amount, but some policies may...

... account: (1) The 21-day cooling-off period specified above or as in the HKFI Cooling-off Initiative, for any delay in delivery on the part of Members would reduce such time available to clients for policy review, hence it would be against the interest of clients and a breach of the Code of Conduct as...

... in the entry below on its ISIL (Da’esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban and arms embargo set out in paragraph 2 of Security Council resolution 2253(2015) adopted under Chapter VII of the Charter of the United Nations. B. Entity...

... period for 23 September 2019 to 31 July 2020 (“the First CPD Assessment Period”) with the CPD assessment period for 1 August 2020 to 31 July 2021 (the “Second CPD Assessment Period”). As a result of this merger: • an individual licensee will be considered as CPD-compliant provided that by the end of the...