... The basic concept is fairly simple: you pay a premium (in a lump sum or by instalments) to an insurance company, which in turn, provides you with a regular annuity immediately, or after a designated period of time, or when you reach a certain age for the period specified in the contract. Since this...

... and decides to take up an ILAS product as proposed, the client should explain in his/her own hand writing under Option B of “Suitability Declaration”. If in the FNA, the client only indicates “Investment” or “Saving” and after going through the sale flow, he/she is happy with the life benefit features...

... an authorized officer (JFIU). ©Hong Kong Police Force香港警務處版權所有 ©Ho ng K ong Poli ce Fo rce For Trai ning Pur pose s On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit  STR made BEFORE the act AND the act done with consent of an authorized officer (JFIU) OR  STR made AFTER the act – on...

... an authorized officer (JFIU). ©Hong Kong Police Force香港警務處版權所有 ©Ho ng K ong Poli ce Fo rce For Trai ning Pur pose s On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit  STR made BEFORE the act AND the act done with consent of an authorized officer (JFIU) OR  STR made AFTER the act – on...

... an authorized officer (JFIU). ©Hong Kong Police Force香港警務處版權所有 ©Ho ng K ong Poli ce Fo rce For Trai ning Pur pose s On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit  STR made BEFORE the act AND the act done with consent of an authorized officer (JFIU) OR  STR made AFTER the act – on...

..., after consulting the Insurance Authority, has introduced the following major initiatives/arrangements: Customer Protection Declaration Form The Customer Protection Declaration Form (“CPDF...

... insolvency of an employer’s insurer which happens on or after that date. All insurers carrying on direct EC business must be members of the Employees Compensation Insurer Insolvency Bureau (“ECIIB”), the Bureau is set up for administering the scheme. The ECIIS is funded by a contribution from member insurers...

... Solvency Assessment (“ORSA”) Report, which is required for the financial year ending on or after 31 December 2020, and for future ORSA Reports until further notice. We take this opportunity to thank the insurance industry and professional bodies for providing invaluable comments on the Prescribed...

... downloaded from the website of the Insurance Authority (“IA”). The IA issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guidelines after consultation with the key stakeholders. The Interpretation Notes...

... Solvency Assessment (“ORSA”) Report, which is required for the financial year ending on or after 31 December 2020, and for future ORSA Reports until further notice. We take this opportunity to thank the insurance industry and professional bodies for providing invaluable comments on the Prescribed...