... management or control of regulated activities) is clearly documented by way of a board resolution or in the director’s contract. iii) Whether the limited role of the director is reflected in the books and records of the agency or broker company (for example, the board minutes should reflect the director not...

... of the Insurance Ordinance (Cap. 41). These Interpretation Notes set out the IA’s views as to how certain provisions of the Group Capital Rules operate, by reference to illustrative examples. These Interpretation Notes do not, however, have the force of law and should not be interpreted in a way that...

... application or interpretation of the relevant provisions of the Ordinance. 1.5 This Guideline does not have the force of law and should not be interpreted in a way that would override the provision of any law. The IA may from time to time amend the whole or any part of this Guideline. 2. Interpretation 2.1 In...

... application or interpretation of the relevant provisions of the Ordinance. 1.5 This Guideline does not have the force of law and should not be interpreted in a way that would override the provision of any law. The IA may from time to time amend the whole or any part of this Guideline. 2. Interpretation 2.1 In...

... application or interpretation of the relevant provisions of the Ordinance. 1.5 This Guideline does not have the force of law and should not be interpreted in a way that would override the provision of any law. The IA may from time to time amend the whole or any part of this Guideline. 2. Interpretation 2.1 In...

... application or interpretation of the relevant provisions of the Ordinance. 1.5 This Guideline does not have the force of law and should not be interpreted in a way that would override the provision of any law. The IA may from time to time amend the whole or any part of this Guideline. 2. Interpretation 2.1 In...

... agency being a sole proprietorship would normally carry on regulated activities in much the same way as an individual insurance agent. Further, an insurance agency engaging in restricted scope travel business would only sell travel insurance products. At the other end of the “insurance agency” spectrum...

... ii) Whether the limited role of the director (in not being involved in the management or control of regulated activities) is clearly documented by way of a board resolution or in the director’s contract. iii) Whether the limited role of the director is reflected in the books and records of the agency...

... ensure that all such persons are aware of these Regulations and the Code of Conduct. 3.4 The General Committee may at its sole discretion grant exemptions from the application of these Regulations if it is satisfied that such an exemption will in no way be injurious to the character and interests or...

... with a requirement to take disciplinary or other action, the IARB may report such failure to the Insurance Authority and may impose a further requirement by way of disciplinary or other action on the Principal or Registered Person (including the respondent's appointing insurance agent) who has failed...