... action and escalation process for dealing with inadequate performance; (k) contingency planning of the service provider to provide business continuity for the outsourced service; (l) management and approval process for changes to the outsourcing arrangement; (m) conditions under which the insurer or...

... bankruptcy proceedings, in Hong Kong or elsewhere; (k) has failed to satisfy any judgment debt under an order of a court in Hong Kong or elsewhere; or (l) was or has been, in connection with the management of a body corporate or insurer in Hong Kong or elsewhere, a controller, director, key person in control...

... need for any amendment or supplement to this MoU. 67. An amendment or supplement to this MoU takes effect only by written agreement of the Parties. FOR AND ON BEHALF OF THE MONETARY AUTHORITY THE INSURANCE AUTHORITY ____________________________ ____________________________ Norman T. L. Chan Clement...

... need for any amendment or supplement to this MoU. 67. An amendment or supplement to this MoU takes effect only by written agreement of the Parties. FOR AND ON BEHALF OF THE MONETARY AUTHORITY THE INSURANCE AUTHORITY ____________________________ ____________________________ Norman T. L. Chan Clement...

... (l) was or has been, in connection with the management of a body corporate or insurer in Hong Kong or elsewhere, a controller, director, key person in control functions or appointed actuary of the body corporate or insurer, which, (i) with the consent or connivance of, or because of the neglect or...

... Consultation Conclusions on: (1) Draft Guideline on Fit and Proper Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. 41) and (2) Draft Guideline on Continuing Professional Development for Licensed Insurance Intermediaries July 2019 Contents Executive Summary 1 Feedb...

... Draft Guideline on Enterprise Risk Management GUIDELINE ON ENTERPRISE RISK MANAGEMENT Insurance Authority Table of Contents Page 1. Introduction 1 2. Application 2 3. Overview of Enterprise Risk Management (ERM) Framework and General Requirements 4 4. Governance 7 5. Risk Appetite Statement 10 6. E...