... conviction on indictment to a fine of $1,000,000 and to imprisonment for 5 years or liable on summary conviction to a fine of up to level 6 (i.e. $100,000 at present) and to imprisonment for 6 months. • Auditor Requirement – fine of up to level 3 (i.e. $10,000 at present) and if the offence continues, a...

... and maintain proper monitoring controls and procedures regarding the submission of Confirmation Form so as to ensure their SIs’ compliance with the MPF Conduct Guidelines. Annex Page 10 of 11 C4 Provision of Copies of Completed Forms to Clients In accordance with paragraph III.3 of the MPF Conduct...

... that it is carrying on any regulated activity, section 78(2) of the Ordinance states that the exemption in section 78(1) does not extend to the insurer’s agent. As a matter of law, an 10 employee is an agent of his/her employer. By reason of section 78(2), therefore, section 78(1) would not exempt...

... that it is carrying on any regulated activity, section 78(2) of the Ordinance states that the exemption in section 78(1) does not extend to the insurer’s agent. As a matter of law, an 10 employee is an agent of his/her employer. By reason of section 78(2), therefore, section 78(1) would not exempt...