... enforceable rights. Scope 6. The Insurance Authority of Hong Kong SAR and the NAIC propose to ensure that mutual assistance is provided to the other, subject to applicable laws and overall policy, in the areas of administration and enforcement of the laws, regulations and requirements relating to the business...

... avoided. 2.5. A pecuniary penalty should not have the likely effect of putting the insurance institution concerned in financial jeopardy. In considering this factor, the IA will take into account the size and financial resources of the insurance institution. 2.6. The more serious the contravention, the...

... institution. 2.6. The more serious the contravention, the greater the likelihood that the IA will impose a pecuniary penalty and that the size of the penalty will be larger. In determining the seriousness of a contravention, the IA will consider all of the circumstances of the case and take into account but...

... effect of putting the insurance institution concerned in financial jeopardy. In considering this factor, the IA will take into account the size and financial resources of the insurance institution. 2.6. The more serious the contravention, the greater the likelihood that the IA will impose a pecuniary...

... later than 30 September Codes of Conduct 1. Honesty and Integrity 2. Best Interests of Clients 3. Exercising Care, Skill and Diligence 4. Competence to Advise 5. Disclosure of Information 6. Suitability of Advice 7. Conflicts of Interest 8. Client Assets Code of Conduct for Licensed Insurance Agents...

... intermediary, approach the insurer of your existing policy for a balanced view. 6 Don’ts 1. Don’t just look at the premium amount in deciding to replace your insurance policy. The difference in premiums normally reflects the difference in policy coverage and terms. 2. Don’t take the information contained in...

... integrity and efficiency of their respective insurance markets and the exercise of insurance market supervisory functions. 6. The Memorandum does not modify or supersede any laws, regulations and requirements in force in, or apply to, Germany or the Hong Kong Special Administrative Region. Nor does it...

... functions. 6. The Memorandum does not modify or supersede any laws, regulations and requirements in force in, or apply to, Ireland or the Hong Kong Special Administrative Region. Nor does it create directly or indirectly any enforceable rights. 3 III. Scope 7. Each Authority proposes to ensure that mutual...

... create directly or indirectly any enforceable rights. III. Scope 6. The IA and the OIC propose to ensure that mutual assistance is provided to each other, subject to the laws, regulations and requirements, in the areas of administration and enforcement of the laws, regulations and requirements relating...

... integrity and efficiency of their respective insurance markets and the exercise of insurance market supervisory functions. 6. The Memorandum does not modify or supersede any laws, regulations and requirements in force in, or apply to, Germany or the Hong Kong Special Administrative Region. Nor does it...