... responsible officer within 90 days after the date on which the suspension takes effect (or has made such an application within 90 days and the IA rejects the application). Licensed Insurance Agency/Individual Insurance Agent/Technical Representative (Agent)/Technical Representative (Broker) Under section 64ZH...

... a responsible officer, the IA may: • suspend the licence of the agency/broker company; • revoke such licence if the agency/broker company has not made an application for the approval of an individual as a responsible officer within 90 days after the date on which the suspension takes effect (or has...

... responsible officer within 90 days after the date on which the suspension takes effect (or has made such an application within 90 days and the IA rejects the application). Licensed Insurance Agency/Individual Insurance Agent/Technical Representative (Agent)/Technical Representative (Broker) Under section 64ZH...

... a responsible officer, the IA may: • suspend the licence of the agency/broker company; • revoke such licence if the agency/broker company has not made an application for the approval of an individual as a responsible officer within 90 days after the date on which the suspension takes effect (or has...

... institutions to rely on foreign financial institutions within the same financial group as intermediaries to carry out CDD measures; and (d) changing the record-keeping period from “six years” to “at least five years”. The revised GL3 will come into effect on 1 March 2018. A copy of the revised GL3 (showing...

... statistics (see Appendix 1). Of these insurers, Lloyd's changed its reporting basis for the Hong Kong General Business Returns from fund accounting basis to annual accounting basis with effect from 2012. This reporting basis is in line with other insurers. As such, the columns "Movement of Insurance Fund" in...

... accounting policy for its refundable hospital insurance products in 2012. To illustrate the effect of such accounting policy change on aggregate statistics, Gross and Net Outstanding Claims Provisions under the new and old accounting policy are shown below for reference. 意外及健康業務 Accident & Health Business 根據...

... Republic of Korea’s AML/CFT regime, the FATF’s call for action on these high-risk jurisdictions remains in effect 3 . The statement identifying high-risk jurisdictions subject to a call for action in February 2020 can be found on the website of the FATF (https://www.fatf-gafi.org/publications/high-...

... Kong. The new regulatory infrastructure will help to facilitate sustainable development for the industry, promote Hong Kong’s competitiveness in the global insurance market, and provide better protection for policy holders. To ensure a smooth transition, the new regulatory regime will come into effect...

... Kong. The new regulatory infrastructure will help to facilitate sustainable development for the industry, promote Hong Kong’s competitiveness in the global insurance market, and provide better protection for policy holders. To ensure a smooth transition, the new regulatory regime will come into effect...