... the transitional period for existing broker companies to effect the necessary capital injection for one additional year to slightly more than four years. The proposed increase of minimum indemnity limit under PII policy will not be pursued. The IA will submit the two sets of rules to the...

... Hermes Europe) 17 New Authorisation The IA authorised seven new insurers in 2014. A complete list of authorised insurers as at 31 December 2014 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business...

... December 2015 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business China Taiping Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Legislative Developments The IA constantly reviews the...

... Hermes Europe) 17 New Authorisation The IA authorised seven new insurers in 2014. A complete list of authorised insurers as at 31 December 2014 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business...

... December 2015 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business China Taiping Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Legislative Developments The IA constantly reviews the...

... Hermes Europe) 17 New Authorisation The IA authorised seven new insurers in 2014. A complete list of authorised insurers as at 31 December 2014 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business...

... December 2015 and changes within the reporting period are summarised at Appendices 3 to 6. Figure 1.2 New Authorisation Name of Insurer Place of Incorporation Type of Business China Taiping Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Legislative Developments The IA constantly reviews the...

... outstanding for a substantial period of time (over a year in another case). In some cases, subsequent recurrence of non- compliance were noted. Senior management should diligently and vigilantly monitor the rectification progress of the AML/CFT compliance matters to ensure the remedial actions are taken...

... neither a bank deposit nor a bank savings plan”); (iii) Target premium amount, payment period and benefit periods are clearly highlighted; and (iv) Prominent warnings are shown to the customers concerning affordability of the product during the entire premium payment period; and relevant   (effective 1...

... indemnity for any one claim and in any one insurance period of 12 months. The minimum limit of indemnity shall be equal to– (i) two times the aggregate insurance brokerage income relating to 12 months immediately preceding the date of commencement of the professional indemnity insurance cover (applicable to...