... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...

... Kong. The respondents also agreed that it is important to set a unified standard across the industry and to protect the interests of the insuring public. There were, however, views on a few issues including the adoption of a non-tariff based approach, and the application of the maximum penalty of HK$10...

... Complaints Panel relies heavily on the expected standards set out in The Code of Conduct for Insurers, with particular reference to “Part III: Claims”. It should be noted, however, that these Study Notes will not make you a fully qualified underwriter or other insurance specialist. It is intended to give a...

... far as good insurance practice is concerned, the Insurance Claims Complaints Panel relies heavily on the expected standards set out in The Code of Conduct for Insurers, with particular reference to “Part III: Claims”. It should be noted, however, that these Study Notes will not make you a fully...

... Complaints Bureau (‘ICB’) with effect from 16 January 2018. This Update serves to set out the textual updates to the Study Notes for the Long Term Insurance Examination (2017 Edition) to reflect the aforesaid change. Existing Wording Updated Wording Sections They being decided cases of the Insurance Claims...

... requirements will be set out in the Guideline on the Fit and Proper Criteria for Licensed Insurance Intermediaries and soft consultation of the Guideline to be conducted later this year. Besides review of the minimum education requirements, we have also reviewed the CPD requirements. We are glad to see a...

... requirements will be set out in the Guideline on the Fit and Proper Criteria for Licensed Insurance Intermediaries and soft consultation of the Guideline to be conducted later this year. Besides review of the minimum education requirements, we have also reviewed the CPD requirements. We are glad to see a...

... Mongolia and Iceland who requested to continue on their original schedule. The FATF reviewed and virtually met with these two jurisdictions and the result of these discussions is set out in the FATF’s updated statement, which can be found on the website of the FATF (https://www.fatf- gafi.org/publications...

... of Insurtech through Insurtech Sandbox to help policyholders purchase suitable insurance products safely by using non-face-to-face channels. In order to protect the interests of policyholders, the IA also formulated a set of regulatory requirements for virtual onboarding via video...

... individual insurance agent’s role, however, is not to collect premium from the policyholder directly, or to serve as a conduit through which a policyholder should pay premium.  An individual insurance agent is, after all, an individual with a personal (not a business) bank account, who is not set...