... Schedule 8 to the Criminal Procedure Ordinance (Cap. 221), a fine at level 5 is HK$50,000 at present. ...

... protection to policy holders 8 Pillar 2 – Qualitative requirements Own Risk and Solvency Assessment (ORSA) • ORSA is central to insurers ERM framework: • Allows the Board and Senior management to anticipate the key risks and capital needs from a prospective view • Continuity analyses and Stress Scenarios...