... the grounds of him not being fit and proper. The disciplinary action is decided based on all relevant information, including the information gathered by the HKMA in its investigation under the Banking Ordinance (Cap. 155) into Mr Chan’s conduct 1  2 . The HKMA’s...

... respect of group risk (section 6.5) and the ORSA (section 9) shall apply to all authorized insurers (save for those exceptions set out in section 2.1 above). 2.3 An authorized insurer may rely on the ERM framework or policies of the group to which it belongs provided that the ERM framework or policies of...

... respect of group risk (section 6.5) and the ORSA (section 9) shall apply to all authorized insurers (save for those exceptions set out in section 2.1 above). 2.3 An authorized insurer may rely on the ERM framework or policies of the group to which it belongs provided that the ERM framework or policies of...

... intermediary must follow the proper ILAS sales process. This ensures that the key steps have been carried out to ensure the Customer Suitability Assessment, including the completion of the Financial Needs Analysis and Risk Profile Questionnaire - as set out in 4.2 and 4.3 respectively below - of the...

... 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...

... Explanatory Note on Licensing Requirements for Banking Sector under Regulatory Regime for Insurance Intermediaries Insurance Authority October 2019 2 1. Introduction 1.1 This Explanatory Note (“Note”) which includes a set of frequently-asked questions (“FAQs”) is issued by the Insurance Authority...