... and consider staff secondment as and when appropriate. X. EFFECTIVE DATE AND AMENDMENTS 65. This MoU will take effect on 23 September 2019. 66. Either Party may at any time request for a specific amendment, whether by supplement or otherwise, to this MoU, or may consult the other Party regarding the...

... matters. 14.2 This MoU may be amended at any time by written agreement between the parties hereto. 14.3 This MoU shall take effect from the date of execution by both the IA and the SFC and shall remain in full force and effect unless and until the parties hereto mutually agree in writing to terminate the...

... indemnity from the service provider, e.g. an indemnity to the effect that any sub-contracting by the service provider of the outsourced service will be the responsibility of the service provider including liability for any failure on the part of the sub-contractor; (p) requirement for the service provider...

... under the relevant policy, as a gratuity directly or indirectly back to the policy holder. Q3 Can the following promotion programs offered to customers be considered to have the same effect of discount of premiums, fees or charges as specified in Paragraph 2.1(e)(ii) of the Guideline, and would not be...

... and consider staff secondment as and when appropriate. X. EFFECTIVE DATE AND AMENDMENTS 65. This MoU will take effect on 23 September 2019. 66. Either Party may at any time request for a specific amendment, whether by supplement or otherwise, to this MoU, or may consult the other Party regarding the...

... matters. 14.2 This MoU may be amended at any time by written agreement between the parties hereto. 14.3 This MoU shall take effect from the date of execution by both the IA and the SFC and shall remain in full force and effect unless and until the parties hereto mutually agree in writing to terminate the...

... under the relevant policy, as a gratuity directly or indirectly back to the policy holder. Q3 Can the following promotion programs offered to customers be considered to have the same effect of discount of premiums, fees or charges as specified in Paragraph 2.1(e)(ii) of the Guideline, and would not be...

... and consider staff secondment as and when appropriate. X. EFFECTIVE DATE AND AMENDMENTS 65. This MoU will take effect on 23 September 2019. 66. Either Party may at any time request for a specific amendment, whether by supplement or otherwise, to this MoU, or may consult the other Party regarding the...

... insurance business for the purpose of Own Risk Solvency Assessment Report (Effective from January 2020) I. Background I.1. The Guideline on Enterprise Risk Management (“GL21”) was published by the Insurance Authority (“IA”) on 5 July 2019 and takes effect from 1 January 2020. Section 9 of GL21 sets out the...

... Background I.1. The Guideline on Enterprise Risk Management (“GL21”) was published by the Insurance Authority (“IA”) on 5 July 2019 and takes effect from 1 January 2020. Section 9 of GL21 sets out the minimum requirements for the Own Risk and Solvency Assessment (“ORSA”) Report that each authorized insurer...