... annuity insurance policy has to satisfy in order to obtain the necessary certification from the IA to become a QDAP, the process for obtaining that certification and the ongoing requirements which authorized insurers have to meet in respect of the promotion, arrangement and administration of QDAPs. 1.5...

... contract and then issuing ILS to investors to collateralize the risk acquired. A company will need to meet certain requirements in order to be authorized by the IA as an SPI, including – (a) the company will be fully-funded, meaning that the full liabilities of the company to the cedant must be fully...

... relation to insurance claims. The IA cannot adjudicate insurance claims or order payment of compensation. It can, however, handle complaints related to the process by which claims are handled (e.g. delays in processing, lack of controls or weaknesses in governance, areas of inefficiency in the claims...

... enable them to monitor the CPD compliance status of their appointed individual licensees. The IA will also send the finalized CPD Lists to these appointing principals in early August 2022. However, in order to access their CPD Lists as they are updated, it is imperative that these appointing principals...

... annuity insurance policy has to satisfy in order to obtain the necessary certification from the IA to become a QDAP, the process for obtaining that certification and the ongoing requirements which authorized insurers have to meet in respect of the promotion, arrangement and administration of QDAPs. 1.5...

...        Q  3. For refundable  insurance policies under 1(a)(ii), does  it have to be 100% or more  “refundable” in order for the FNA requirement be exempted?  A  3. Yes.    For those refundable insurance policies which are not 100% refundable (e.g.  the amount refunded would be less than 100% if claims have...

... the form  as policy endorsement, is not considered as a top‐up.        Q  3. For refundable  insurance policies under 1(a)(ii), does  it have to be 100% or more  “refundable” in order for the FNA requirement be exempted?  A  3. Yes.    For those refundable insurance policies which are not 100...

...欺詐或錯誤而導 致財務報表存在重大錯誤陳述的 風險，設計及執行審計程序以應 對這些風險，以及獲取充足和適 當的審計憑證，作為我們意見的 基礎。由於欺詐可能涉及串謀、 偽造、蓄意遺漏、虛假陳述，或凌 駕於內部控制之上，因此未能發 現因欺詐而導致的重大錯誤陳述 的風險高於未能發現因錯誤而導 致的重大錯誤陳述的風險。 27 年報 Annual Report 2016–17 • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are...

...欺詐或錯誤而導 致財務報表存在重大錯誤陳述的 風險，設計及執行審計程序以應 對這些風險，以及獲取充足和適 當的審計憑證，作為我們意見的 基礎。由於欺詐可能涉及串謀、 偽造、蓄意遺漏、虛假陳述，或凌 駕於內部控制之上，因此未能發 現因欺詐而導致的重大錯誤陳述 的風險高於未能發現因錯誤而導 致的重大錯誤陳述的風險。 27 年報 Annual Report 2016–17 • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are...