... Financial Reporting Council that it is a daunting task to set up a new organization. And setting up the independent authority for the insurance industry would not be any easier. It was after deep thoughts and prayers that I agreed to take up the invitation to work in this new - 3 - venture. 7. On being...

... Financial Reporting Council that it is a daunting task to set up a new organization. And setting up the independent authority for the insurance industry would not be any easier. It was after deep thoughts and prayers that I agreed to take up the invitation to work in this new - 3 - venture. 7. On being...

... account owner”) with information on how to submit an individual licence application through IIC. For the set up of “supervisor account” and “administration account” by the principal, please refer to the “User Guide of the IA Insurance Intermediaries Connect for Principals (Authorized Insurers, Licensed...

... 5.7 It should be noted that any shares or securities listed on a foreign stock exchange not recognized by the IA (i.e. a foreign stock exchange other than those listed in Annex 3) shall be deemed as unlisted for the purposes of the Rules and must be valued in accordance with the principles set out in...

... consideration. The relevant Forms1 for seeking approval/no objection or notification of any changes of or in the particulars of such persons are set out in Schedules 2, 4, 5 and 6 to the Ordinance. The IA’s Powers of Approval, Revocation of Approval, or Objection in respect of Proposed Appointments or...

... PCR should be set at a confidence level calculated using 99.5% value-at-risk (“VaR”) over a one-year period. 3 8. There is general agreement with the total balance sheet approach for the measurement of risks, as well as the establishment of the two explicit solvency control levels. 9. In respect of...

...12 月首次會議上，我很高興看到與會者 踴躍發表意見和分享經驗。其後，我 們在未來專責小組之下，增設三個工 intermediaries by moving from the existing self-regulatory regime to a statutory licensing system, and set out conduct standards to promote higher levels of professionalism among industry practitioners. Maintaining market stability and protecting...

...12 月首次會議上，我很高興看到與會者 踴躍發表意見和分享經驗。其後，我 們在未來專責小組之下，增設三個工 intermediaries by moving from the existing self-regulatory regime to a statutory licensing system, and set out conduct standards to promote higher levels of professionalism among industry practitioners. Maintaining market stability and protecting...

...12 月首次會議上，我很高興看到與會者 踴躍發表意見和分享經驗。其後，我 們在未來專責小組之下，增設三個工 intermediaries by moving from the existing self-regulatory regime to a statutory licensing system, and set out conduct standards to promote higher levels of professionalism among industry practitioners. Maintaining market stability and protecting...

...12 月首次會議上，我很高興看到與會者 踴躍發表意見和分享經驗。其後，我 們在未來專責小組之下，增設三個工 intermediaries by moving from the existing self-regulatory regime to a statutory licensing system, and set out conduct standards to promote higher levels of professionalism among industry practitioners. Maintaining market stability and protecting...