... disciplinary action includes the imposition of a pecuniary penalty (i.e. a fine). As per the CPD Penalty Framework, if an individual licensee fails to complete the requisite number of CPD hours, this will impact his or her fitness and properness exposing him or her to disciplinary action by the IA. If the IA...

... reporting requirements are administrative in nature, contravention (per the Ordinance) may constitute an offence. Our preference would be not to have to divert resources to enforcing such contraventions, but for that to happen it will be important to see compliance with these requirements going forward....

... the minimum guaranteed crediting interest rates prescribed under the policy. If the policy does not offer any minimum guaranteed crediting interest rate, a conservative crediting interest rate of 0% per annum should be used. The second one is based on the current assumed crediting interest rate (i.e....

... (18 September 2012) 32. Washington State Office of the Insurance Commissioner, USA (18 September 2012) 33. Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collectivo (ISVAP), Italy (26 November 2012) 34. Central Bank of Ireland, Ireland (14 February 2013) 35. Prime Ministry...

... (18 September 2012) 32. Washington State Office of the Insurance Commissioner, USA (18 September 2012) 33. Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collectivo (ISVAP), Italy (26 November 2012) 34. Central Bank of Ireland, Ireland (14 February 2013) 35. Prime Ministry...

... (18 September 2012) 32. Washington State Office of the Insurance Commissioner, USA (18 September 2012) 33. Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collectivo (ISVAP), Italy (26 November 2012) 34. Central Bank of Ireland, Ireland (14 February 2013) 35. Prime Ministry...

... (18 September 2012) 32. Washington State Office of the Insurance Commissioner, USA (18 September 2012) 33. Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collectivo (ISVAP), Italy (26 November 2012) 34. Central Bank of Ireland, Ireland (14 February 2013) 35. Prime Ministry...

... best estimate values of the premium liabilities and outstanding claims liabilities as per paragraphs 4.4 and 4.5 above; and (e) relevant comments if the actuary considers it necessary to state a qualification of his or her opinion, or to explain any aspect which is not already sufficiently explained in...

... institution; (b) Consideration is given to the keeping of client monies being diversified where appropriate and relevant. Insurance brokers are reminded that the current limit of compensation per depositor from the Deposit Protection Scheme in Hong Kong is HK$500,000; (c) Bank accounts include the words...

... the past 2 years? (tick one or more) i. Specific amount: Not less than HK$ per month or ii. In the following range: a) less than HK$10,000 b) HK$10,000 - HK$19,999 c) HK$20,000 - HK$49,999 d) HK$50,000 - HK$100,000 e) over HK$100,000. b. What is your approximate current accumulative amount of liquid...