... decision-making. It may include a summary of key conclusions reached and the actions taken or planned that should be provided in the ORSA Report. The IA may also, on a need basis, request for the relevant minutes demonstrating the Board’s deliberations on main outcomes of the ORSA as mentioned in paragraph 10.2 of...

... qualifications of the auditors of the company. 9. Names and addresses of the company's principal bankers. 10. Names, addresses and qualifications of the company's professional advisers (other than auditors) including solicitors, investment consultants and loss adjusters, etc. 11. Names and addresses of the...

... referred to in section 64I of the Ordinance. Rules are subsidiary legislation. 10. SCHEDULE 1 sets out the new section 64I of the Ordinance in full for ease of reference. Consultation 11. This paper is published by the IA, in preparation for the takeover of regulation of insurance intermediaries, to...

... section 13B applies), the authorized insurer must notify the IA of the changes in accordance with section 14. Other Controllers 4 2.10 Where there are any changes in the controllers (other than where section 13A or 13B applies), the authorized insurer must notify the IA of the changes in accordance with...

... strict confidence. Upon receipt of the first submission of your complaint, we will issue an acknowledgement to you within 10 working days. We will carefully examine the information provided by you and take appropriate follow-up actions if the matter is under our purview. As mentioned above, your prior...

... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...

... submission of a complaint, an acknowledgement will be issued to the complainant within 10 working days. How to lodge an enquiry or a complaint November 2021 www.ia.org.hk 3899 [email protected] 保險業監管局 Insurance Authority 蓋世保鑑 Insurpedia Insurance Authority https://www.ia.org.hk/en/infocenter/forms...

... 10 to 15. From 1 August 2021 onwards, insurance intermediaries need to attend five more CPD hours every year, and three hours of which must be on topics related to “ethics or regulations”. Secondly, we have enhanced the financial requirements on broker companies by increasing both their paid-up share...

... Licensed Insurance Intermediary: Name and Position of Authorized Person: Date: Check Box1: Off Check Box2: Off Check Box3: Off Check Box4: Off Check Box5: Off Check Box6: Off Check Box7: Off Check Box9: Off Check Box10: Off Check Box11: Off Check Box12: Off Check Box37: Off ...

... misrepresentation. 10. In the event that a claim-related complaint: (a) is submitted to the IA; (b) in the IA’s opinion, the complaint may be adjudicated by the ICB in accordance with its terms of reference; and (c) the complainant has provided consent for the IA to refer the complaint to the ICB for consideration...