... Persons and impose various sanctions on them as set out under the IO. The IA seeks at all time to impose sanctions that should be effective, proportionate and fair. The IA will consider all circumstances of a case and take into account relevant factors, such as:  the nature, seriousness and impact of the...

... effect from 15 April 2013. For your information, the 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...

... disciplinary actions against Regulated Persons and impose various sanctions on them as set out under the IO. The IA seeks at all time to impose sanctions that should be effective, proportionate and fair. The IA will consider all circumstances of a case and take into account relevant factors, such as:  the...

... disciplinary actions against Regulated Persons and impose various sanctions on them as set out under the IO. The IA seeks at all time to impose sanctions that should be effective, proportionate and fair. The IA will consider all circumstances of a case and take into account relevant factors, such as:  the...

...% 11. Examples on calculation of variable fee payable are set out in Annex D for reference. PAYMENT OF ANNUAL AUTHORIZATION FEE 12. Payment of the annual authorization fee should be made by a Hong Kong dollar cheque, bank draft or bank transfer payable to “Insurance Authority” before the insurer’s...

... abbreviations used in this Guideline shall be interpreted by reference to the definitions set out in the Glossary part of this Guideline. Interpretation of other words or phrases should follow those set out in the AMLO and the IO. 1.3 This Guideline is issued by the Insurance Authority for giving guidance to...

... later for reasons such as a change in your health condition. Smart tips Before signing the loan contract, you should take note of the various adverse circumstances set out in the clauses (such as being required to provide additional collateral or make immediate repayment...

... amount of premium payable for the product.    In providing any of the permitted gifts, promotions or incentives set out in paragraph  6.1  to an  insurance broker, Member Companies should ensure  they do not create a  conflict of interest in the duty that the insurance broker owes to the policyholder (or...

... replacement： a) You could be paying the policy set-up cost TWICE – the set-up cost is usually two years premiums or 10% of single premium of the basic life insurance policy replaced/to be replaced (This is for reference only; the Agent/Broker should advise you of the estimated loss for this replacement...