... Ordinance, Cap. 41. 6. “Investigation” means an investigation initiated by the Council under section 23 of the FRCO. 7. “Non-compliance” means a relevant non-compliance as defined by section 5 of the FRCO. For ease of reference, these are summarised at Schedule 1. 8. “Parties” means the IA and the FRC. II....

... Ordinance, Cap. 41. 6. “Investigation” means an investigation initiated by the Council under section 23 of the FRCO. 7. “Non-compliance” means a relevant non-compliance as defined by section 5 of the FRCO. For ease of reference, these are summarised at Schedule 1. 8. “Parties” means the IA and the FRC. II....

...% Claims 18% Conduct 28% Business or Operations 21% Services 15% Insurance Intermediary against Insurer 1% Others 1% Total: 1304 Representation of Information 17% Claims 17% Conduct 27% Business or Operations 19% Services 16% Insurance Intermediary against Insurer 3% Others 1% Total: 1434 Complaint...

... section 121 commits an offence and is liable to a maximum fine at level 4 (which is currently set at $25,000 according to Schedule 8 of the Criminal Procedure Ordinance, (Cap. 221)). Q2: Is the statutory non-disclosure obligation under section 121 of the Ordinance different for persons directly under...