..., have reached the following understanding: I. Definitions 2. For the purposes of this Memorandum, the terms set out below have the assigned meanings unless the context requires otherwise: (a) “Authority” means: (i) For the Hong Kong Special Administrative Region, the Insurance Authority (IA) (ii) For...

..., have reached the following understanding: I. Definitions 2. For the purposes of this Memorandum, the terms set out below have the assigned meanings unless the context requires otherwise: (a) “Authority” means: (i) For the Hong Kong Special Administrative Region, the Insurance Authority (IA) (ii) For...

... development of this set of Regulations is in response to the landmark judgment of the Hobbins case in early 2012, that the Confederation has sought legal advice on the appropriate course of action. Professional Insurance Brokers Association (“PIBA”) and the Hong Kong Federation of Insurers (“HKFI”) have taken...

... (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules, which set out, inter alia, the requirements in relation to: share capital and net assets professional indemnity insurance client accounts proper books and accounts...

... (Note) of the FATF Forty Recommendations. In addition, your attention is drawn to Nauru who has not adequately addressed the deficiencies found in its anti-money laundering legislation. In this regard, you are required to continue to apply counter-measures to Nauru as set out in paragraphs 7...

... Nauru due to its failure to address the deficiencies of its offshore banking sector. Accordingly, you should continue to apply the counter-measures against Nauru as set out in my letter of 10 December 2001.    The Philippines In view of the inadequate progress...

... • Grounds on which such powers may be exercised clearly set out • Procedure requirements for exercising such powers • Take note of GL 18 11 Insurance Appeals Tribunal (IAT) • The IAT has been established to review specified decisions (including disciplinary decisions) made by IA (s.97 and Sch.10) • Mr...

... matter before it in this respect). A copy of the newly added Q&As in the IN is attached to this circular. The full set of the Q&As of the updated IN can be downloaded from the website of the IA. Should you have any questions to this circular, please contact your case officers. Yours faithfully, Carol Hui...

... • Grounds on which such powers may be exercised clearly set out • Procedure requirements for exercising such powers • Take note of GL 18 11 Insurance Appeals Tribunal (IAT) • The IAT has been established to review specified decisions (including disciplinary decisions) made by IA (s.97 and Sch.10) • Mr...

... matter before it in this respect). A copy of the newly added Q&As in the IN is attached to this circular. The full set of the Q&As of the updated IN can be downloaded from the website of the IA. Should you have any questions to this circular, please contact your case officers. Yours faithfully, Carol Hui...