... Capital level. Localization of RAS 4.4 Insurers operating in Hong Kong being part of larger multinational groups, whether in the form of local incorporated entities or branches, should implement localized RAS appropriate for the Hong Kong operations. Some insurers adopted the RAS set at group level, which...

... recommendation in respect of a suitable life insurance policy to the customer, with the recommendation being based on that assessment. The requirements in relation to an FNA are set out in Guideline on Financial Needs Analysis issued (GL30) by the IA (see further paragraph 5 below); 3 (g) “Important Facts...

... functions or 4 appointed actuary of an authorized insurer, is required to provide his particulars in the relevant prescribed Form(s) to the IA for consideration. The relevant Forms1 for seeking approval or notification of any changes of or in the particulars of such persons are set out in Schedules 2, 4, 5...

... functions or 4 appointed actuary of an authorized insurer, is required to provide his particulars in the relevant prescribed Form(s) to the IA for consideration. The relevant Forms1 for seeking approval or notification of any changes of or in the particulars of such persons are set out in Schedules 2, 4, 5...

... to see real-time illustrations right off my IFA’s iPad… No more brochures or random tables!” Tik Lee The Intermediary “The Coherent FORMS solution has cut our application processing time from 45 mins to 45 SECONDS!” HNW HK Broker The Insurer “The Coherent solution set is helping create more...

... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...

... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...

.../legislative_framework/files/GL21_GI_SST_20200113.pdf 2 I.6. This document should be read in conjunction with GL21 and AGN7. Unless otherwise specified, words and expressions used in this document shall have the same meanings as given to them in GL21. II. Prescribed Scenarios II.1. The Prescribed Scenarios are set out...

... is for the purpose of actual or contemplated enforcement action, the matters set out Appendix 1; and (f) any other matters specified by the requested Authority and by the applicable laws, regulations and requirements in relation to the requested Authority. Contact Points 9. The Authorities will...

.../legislative_framework/files/GL21_GI_SST_20200113.pdf 2 I.6. This document should be read in conjunction with GL21 and AGN7. Unless otherwise specified, words and expressions used in this document shall have the same meanings as given to them in GL21. II. Prescribed Scenarios II.1. The Prescribed Scenarios are set out...