... capital adequacy positions, etc. 3. Breadth and Depth in Risk Identification and Risk Assessment 3.1 Insurers commonly conducted quantitative risk assessment using Pillar 1 risk modules only. Some insurers provided detailed analysis on defined risks, for example, linked with product features, thus giving...

... who used two different false academic certificates on two separate occasions to establish that she met the minimum education requirements to be an insurance agent under the previous self-regulatory regime. The case was handled in accordance with the requirements in place at the time the false academic...

... Insurance Authority warns against a social media platform with unauthorized use of insurers’ logo 18 January 2022 The Insurance Authority (IA) today (18 January 2022) alerted the public to a Youtube channel called BITCentre (BITC), which uses the...

... Insurance Authority warns against a mobile application with unauthorized use of insurer’s logo 1 February 2019 The Insurance Authority (IA) today (1 February 2019) alerted the public to a mobile application called Planto, which uses the logo...

... on  the offering of gifts when distributors promote a specific investment product to investors.    1.2.  Following  the  SFC Consultation Conclusions,  the  SFC  amended  its Code of Conduct  for  Persons Licensed by or Registered with the SFC (“SFC Code of Conduct”) to include, with  effect  from...

... Amendments to the Guideline on Anti-Money Laundering and Counter-Terrorist Financing and the Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter Terrorist Financing 13 September 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized...