... extremely large footprint and international significance of Hong Kong’s HK$ 45.7 trillion capital markets means that they will play a critical role in the overall effort to reach net-zero goals.” Eddie Yue, Co-Chair of the Steering Group, Chief Executive, HKMA said: &ldquo...

... projected benefits (i.e. total IRRs) in the product brochures in the form of an example: a non-smoking male policyholder aged 45. In addition, personalized IRRs for the guaranteed IRR and total IRR should be disclosed in the benefit illustration during the selling process starting from 31 March 2020....

... differ according to the size and structure of the insurer and the type of business it conducts. However, the basic principles of the Board of Directors (“Board”)’ responsibility, the need for an investment policy, segregation of duties and control will be applicable to all authorized insurers. 1.3. The...

... operative under the new policy? The “Incontestability Clause” under your existing policy may already have taken effect to protect your interests. That means the validity of the existing policy is incontestable unless there is, for example, fraud or non-payment of premiums. (g) Is the type of the new policy...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

...  All supporting documents in connection with the Application should be duly verified against the relevant original copy by your appointing principals before submission to the IA.  If you are an existing licensed insurance intermediary and intend to apply for a different type of insurance intermediary...

... identification of the conduct; and (v) the likelihood that the authorized insurer will engage in the same type of conduct in the future. (c) The previous disciplinary record and compliance history of the 4 authorized insurer, including: (i) previous disciplinary record and compliance history of the authorized...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

... operative under the new policy? The “Incontestability Clause” under your existing policy may already have taken effect to protect your interests. That means the validity of the existing policy is incontestable unless there is, for example, fraud or non-payment of premiums. (g) Is the type of the new policy...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...