... formulated in consultation with the industry and the public. At the same time, we have refined six existing guidelines on the sale of long term policies. The volume of those regulatory instruments appears huge but the basic principle is simple. Let me now summarise some of the most important requirements and...

... formulated in consultation with the industry and the public. At the same time, we have refined six existing guidelines on the sale of long term policies. The volume of those regulatory instruments appears huge but the basic principle is simple. Let me now summarise some of the most important requirements and...

... formulated in consultation with the industry and the public. At the same time, we have refined six existing guidelines on the sale of long term policies. The volume of those regulatory instruments appears huge but the basic principle is simple. Let me now summarise some of the most important requirements and...

... are used only for the purposes of the client and that all deposits and withdrawals are undertaken only in accordance with the Minimum Requirements. In addition, it is the responsibility of the brokers to ensure that the balances of client monies are reconciled on a sufficiently regular basis....

... here below with that client before carrying on Linked Long Term Insurance Business for that client. To avoid any doubt, Members are at liberty of whether or how to align their duties and commitments to the existing client when two sets of agreement are concurrently in place. As the Member is acting as...

... to inspect based a risk-based approach. This approach takes into account numerous quantitative and qualitative factors such as: type of business being carried on (long-term business is deemed higher risk than general business, in terms of regulatory requirements that need to be complied with...

... Order") You may recall that I have provided you with the thirteenth list of names designated under the Executive Order in my letter of 17 May 2002 . The US Government designated two additional terrorist groups under the Executive Order on 27 June 2002. These two additional entries...

... Microsoft Word - Circular to insurers re FAQ_TEC6.96_20190918 (002).DOCX 20 September 2019 Our Ref: INS/TEC/6/96 By Email only To: Chief Executives of authorized insurers carrying on long term business Dear Sirs, Circular providing Interpretation Notes (“Circular”) relating to the Guideline on...

... ANNEX C FEEDBACK TO CONSULTATION PAPER ON THE DRAFT INSURANCE (GROUP CAPITAL) RULES (Comments should be sent to the Insurance Authority on or before 30 September 2020.) To: Insurance Authority (email: [email protected]) Name of Respondent: Contact Person (if Respondent is an...

... matter. Regulated advice would generally relate to the provision of a recommendation to the existing or potential policy holder on the contract of insurance or insurance matter, or be a statement made with a view to the policy holder placing reliance on that statement in respect of the contract of...