... undertaking should be taken into account. However, we consider that the timing element of the undertaking has no significant bearing. We do not intend to amend our Guideline to add such a factor. 8 Other Relevant Factors 33. We received a number of submissions seeking and proposing clarification of the term...

... requirements set out in paragraphs 30 and 31 are not applicable to E-learning Activities which form part of Types 2, 3, 4, 5, 6 and 8 Qualified CPD Activities. Speaker CPD Hours 33. An individual licensee who is a speaker at a Qualified CPD Activity can earn CPD hours based upon the actual length of time which...

... undertaking should be taken into account. However, we consider that the timing element of the undertaking has no significant bearing. We do not intend to amend our Guideline to add such a factor. 8 Other Relevant Factors 33. We received a number of submissions seeking and proposing clarification of the term...

... group prescribed capital requirement of the insurance group. Relevant adjustments will be made in accordance with paragraph 34 below. 13 33 In the case of a regulated entity which is incorporated and formed in a jurisdiction and has a branch in another jurisdiction, then the eligible capital resources...

... counted towards tier 1 group capital (rather than tier 2 group capital), the holding of shares in “Entity B” by “Holding Entity A” is deducted from the tier 1 group capital. 33 f) Numerical example (please refer to section (e) for the relevant formulae) Definition of quantities Supervised group member...

... under section 94 of the Ordinance (no such rules have been issued yet, but by including these within the definition, the definition will not have to be updated, should such rules be issued). The definition is now exhaustive. 33. The definition of “policy holder” in the Ordinance would include a...

... under section 94 of the Ordinance (no such rules have been issued yet, but by including these within the definition, the definition will not have to be updated, should such rules be issued). The definition is now exhaustive. 33. The definition of “policy holder” in the Ordinance would include a...

... and Futures Contracts 3.4.3 Options and Warrants 3.4.4 Advantages of Derivatives 3.4.5 Disadvantages of Derivatives 3.5 Real Estate 3/32 3.5.1 Advantages of Real Estate Investment 3.5.2 Disadvantages of Real Estates Investment 3.6 Low Liquidity Investments 3/32 3.7 Investment Funds 3/33 3.7.1 Mutual...

... Forward and Futures Contracts 3.4.3 Options and Warrants 3.4.4 Advantages of Derivatives 3.4.5 Disadvantages of Derivatives 3.5 Real Estate 3/32 3.5.1 Advantages of Real Estate Investment 3.5.2 Disadvantages of Real Estates Investment 3.6 Low Liquidity Investments 3/32 3.7 Investment Funds 3/33 3.7.1...

...) who the agent is assisting to arrange an insurance policy. 33. The phrase “client’s objectives, circumstances, needs and priorities” has now been replaced with the defined term “client’s circumstances” to denote the matters a licensed insurance agent would need to take into account when giving...