... 25 June 2022 0.0031% From 26 June 2022 to 25 June 2023 and each subsequent period of 1 year from 26 June 0.0039% April 2021 / Note on Authorization and Annual Fees v.2.1 Page 4 9. Examples on calculation of variable fee payable are at Annex D. FEES PAYMENT 10. Fees should be made payable by Hong Kong...

... Note 2.0 Transitional Arrangement for the Initial Five Years 10. To reduce the impact on the insurance industry, the variable fee rate will increase gradually in the initial five years until it reaches the target rate of 0.0039%. This incremental approach is detailed under Schedule 3 to the Regulation....

... licence  revocation of approval to be a RO  suspension of approval to be a RO  prohibition of application for licence  prohibition of appointment to be a RO  fine (up to a maximum of $10 million or 3 times of the profit gained/loss avoided, whichever is the higher) The IA may publicize its decisions...

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.../GL24.pdf IA CPD Declaration Form Page 3 of 6 10. I undertake to provide a copy of this CPD Declaration Form to each of my appointing principals (only applicable for Licensed Individual Insurance Agents and Licensed Technical Representatives (Broker) who have more than one appointing principal): Please...

.../GL24.pdf IA CPD Declaration Form Page 3 of 6 10. I undertake to provide a copy of this CPD Declaration Form to each of my appointing principals (only applicable for Licensed Individual Insurance Agents and Licensed Technical Representatives (Broker) who have more than one appointing principal): Please...

...)  revocation of licence  suspension of licence  revocation of approval to be a RO  suspension of approval to be a RO  prohibition of application for licence  prohibition of appointment to be a RO  fine (up to a maximum of $10 million or 3 times of the profit gained/loss avoided, whichever is the higher...

...)  revocation of licence  suspension of licence  revocation of approval to be a RO  suspension of approval to be a RO  prohibition of application for licence  prohibition of appointment to be a RO  fine (up to a maximum of $10 million or 3 times of the profit gained/loss avoided, whichever is the higher...

... Business 300,000 7,000,000 7,300,000 Long Term Business 300,000 7,000,000 7,300,000 Composite 600,000 14,000,000 14,600,000 Captive Insurer 30,000 7,000,000 7,030,000 Transitional Arrangement for the Initial Five Years 10. To reduce the impact on the insurance industry, the variable fee rate will increase...

... and guidelines were produced to support implementation of the direct regulatory regime, including two codes of conduct applicable to agents and broker companies. As at 31 March 2020, the IA had received about 10,000 applications for new licences and completed processing 96% of them. DIRECT REGULATORY...