... Code of Practice for the Administration of Insurance Agents 《保險代理管理守則》 Other Codes/Guidelines 其他守則/指引 1. Effecting policy without authority 未經授權為客戶投購保險 5 years 五年 (6th) 71/75 & 49(d) (7th) 74/78 & 58(g) 2. Mishandling of clients’ premium or monies 不當處理客戶保費或款項 5 years 五年 (6th) 71/75 & 49(d) Guidance...

... Kong Confederation of Insurance Brokers (“CIB”). Rath1, Adrian2, Patrick3, Alex4, Tommy5 and the management team at CIB deserve to be commended for their wisdom, agility and perseverance in keeping up a long tradition amidst severe operational constraints posed by COVID-19. The thoughtful choice of...

... papers, namely (1) the Principles and Practice of Insurance (P&P) paper, (2) the General Insurance (GI) paper, and (3) the Long Term Insurance (LT) paper. The duration and number of questions of a RIME paper are the same as those for the original IIQE papers. Conditions and limitations Please note...

... regular basis. Sufficiently regular basis in this regard will depend on the size and complexity of the broker’s operations and further guidance on this is included below. 2. In developing systems of control brokers should have regard to the following control objectives: 2.1 Control objectives over...

... this Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Background CIB Membership Regulation 5.2 requires our Members to maintain Professional Indemnity Insurance (“PII”) with a minimum limit of indemnity determined with reference to their insurance brokerage income...

... FAQ_CPD_12.06.2020rev2_Eng 1 Frequently Asked Questions on the Continuing Professional Development (“CPD”) Requirements I. Facilitative Measures: Q1 II. Transitional Arrangements: Q2 – Q5 III. Others: Q6 – Q10 I. FACILITATIVE MEASURES Q1: What facilitative measures has the Insurance Authority (“IA...

... FAQ_CPD_12.06.2020rev2_Eng 1 Frequently Asked Questions on the Continuing Professional Development (“CPD”) Requirements I. Facilitative Measures: Q1 II. Transitional Arrangements: Q2 – Q5 III. Others: Q6 – Q10 I. FACILITATIVE MEASURES Q1: What facilitative measures has the Insurance Authority (“IA...

...), and will be held at the Lecture Theatre of the Hong Kong Central Library, Causeway Bay. You and your company representatives (e.g. Compliance Officers, Money Laundering Reporting Officers, and/or relevant managing personnel with the responsibility to /… - 2 - implement AML/CTF systems and control...

... insurer’s obligations to policyholders will continue to be met as they fall due. The centerpiece of an RBC framework is to make capital requirements risk-sensitive, so that insurers that present greater risk to policyholders must carry more capital. I Structure of capital adequacy requirements 4.2 Total...

... 投影片 1 Regulatory Updates and Supervisory Observations on AML/CFT Dickson Chui – Senior Manager Raven Chan – Manager Market Conduct Division 5 June 2018 Institutional Risk Assessment (“IRA”)  Refer to IA’s circular on 2 May 2018 regarding the issuance of HK’s ML/TF Risk Assessment Report (“the...