... value and death benefit shown on first and second page respectively, and 2) three assumed rates of return for illustration, 0%, 3% and 6% on one page with both surrender value and death benefit shown on the same page. For both options, other than the 0% assumed rate of return, all rates of return are...

... statutory customer due diligence (“CDD”) and record-keeping requirements to solicitors, accountants, real estate agents, and trust or company service providers (“TCSPs”) when these non-financial businesses and professions engage in specified transactions; and (2) introduce a licensing regime for TCSPs to...

... (“Requirements”). 2 Purpose The purpose of the updated Requirements is to incorporate, among others, the enhanced requirements brought about through the introduction of the SFC Handbook to ensure that customers purchase ILAS products which are suitable for them and consistent with their requirements and risk...

... CONDUCT IN FOCUS 1 Insurance Authority May 2021 2nd Issue CONDUCT IN FOCUS 2 CONDUCT IN FOCUS Conduct In Focus is a periodical publication which presents statistics and commentary on complaints received by the Insurance Authority (“IA”) and examines topical regulatory issues regarding the way in...

... CONDUCT IN FOCUS 1 Insurance Authority May 2021 2nd Issue CONDUCT IN FOCUS 2 CONDUCT IN FOCUS Conduct In Focus is a periodical publication which presents statistics and commentary on complaints received by the Insurance Authority (“IA”) and examines topical regulatory issues regarding the way in...

... Microsoft Word - GL19 Guideline on QDAP (English).docx GL19 GUIDELINE ON QUALIFYING DEFERRED ANNUITY POLICY Insurance Authority Contents 1. Introduction .............................................................................................................. 1 2. Relevant Legal and Regulatory...

... Microsoft Word - GL19 Guideline on QDAP (English).docx GL19 GUIDELINE ON QUALIFYING DEFERRED ANNUITY POLICY Insurance Authority Contents 1. Introduction .............................................................................................................. 1 2. Relevant Legal and Regulatory...

... merit in limiting the increase in CPD hours for the Assessment Period 2021/2022, to 12 CPD hours (instead of 15). This would afford a more graduated approach, moving the full increase to 15 CPD hours to the next CPD assessment period (1 August 2022 to 31 July 2023). Accordingly, the following changes...

... helpful to provide users with the correct answers to the quizzes with full explanation to facilitate learning. 3.1.7.2. Effective online support should be available including prompt and thorough response to enquiries, provision of guidance to individual learners upon request, etc. E-learning Activity...

... helpful to provide users with the correct answers to the quizzes with full explanation to facilitate learning. 3.1.7.2. Effective online support should be available including prompt and thorough response to enquiries, provision of guidance to individual learners upon request, etc. E-learning Activity...