... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... that he/ she/ it is guilty of misconduct or is not fit and proper. One type of disciplinary action that the IA may take is ordering a person to pay a pecuniary penalty not exceeding the amount which is the greater of (i) HK$10 million; or (ii) 3 times the amount of the profit gained or loss avoided by...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

... Consultation Conclusions on: (1) Draft Guideline on Fit and Proper Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. 41) and (2) Draft Guideline on Continuing Professional Development for Licensed Insurance Intermediaries July 2019 Contents Executive Summary 1 Feedb...

... PCR The PCR stresses and factors are benchmarked against international practices and overseas RBC regimes in place, such as IAIS ICS, EIOPA Solvency II, China C-ROSS, and Singapore RBC. 7 Pillar 1 – Quantitative Requirements Prescribed Capital Requirements Basic PCR Market Interest rate Credit spread...

... Intermediary Licence No. as Username for Supervisor Account? Note: Subject to Insurance Authority’s (“IA”) decision ☐ Yes ☐ No (If No, please stately clearly the proposed Username and underline numeric characters.) _________________________________ II. Information on Proposed Owner of Supervisor Account † Is...

... PCR The PCR stresses and factors are benchmarked against international practices and overseas RBC regimes in place, such as IAIS ICS, EIOPA Solvency II, China C-ROSS, and Singapore RBC. 7 Pillar 1 – Quantitative Requirements Prescribed Capital Requirements Basic PCR Market Interest rate Credit spread...

... Intermediary Licence No. as Username for Supervisor Account? Note: Subject to Insurance Authority’s (“IA”) decision ☐ Yes ☐ No (If No, please stately clearly the proposed Username and underline numeric characters.) _________________________________ II. Information on Proposed Owner of Supervisor Account † Is...