... 31 July 2022 available through IIC. Any principals who still have not set up for their Supervisor Account in IIC should do so as soon as possible. To do this, they should submit a signed Form A2 to the IA by email to [email protected] and visit the “Forms – Insurance Intermediaries” webpage on the...

... fit and proper in order to be licensed, and this requirement is ongoing. In addition, the IA has, based on the existing codes of conduct from the SROs, formulated new codes of conduct which set out the professional standards expected from insurance intermediaries. These include the requirements on...

... greater the likelihood that the IA will impose a pecuniary penalty and that the size of the penalty will be larger. In determining the seriousness of a contravention, the IA will consider all of the circumstances of the case and take into account but not limited to the factors set out below. (a) The...

... not limited to the factors set out below. (a) The nature, seriousness and impact of the contravention, including: (i) whether the contravention is intentional or reckless or negligent – a contravention caused merely by negligence or conduct which only results in a technical breach is generally...

... penalty and that the size of the penalty will be larger. In determining the seriousness of a contravention, the IA will consider all of the circumstances of the case and take into account but not limited to the factors set out below. (a) The nature, seriousness and impact of the contravention, including...

...�cer approved by the IA . Maintain a client account with a bank in Hong Kong . Compliance with the requirements set out in the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules . Proper corporate governance, internal controls and risk management (organizational...

... obligation to collect adequate information to place themselves in a position whereby they can perform reasonable assessments before making any insurance recommendation. 6.5 A template is set out at Appendix to illustrate the information that should normally be collected during the FNA process. Authorized...

... obligation to collect adequate information to place themselves in a position whereby they can perform reasonable assessments before making any insurance recommendation. 6.5 A template is set out at Appendix to illustrate the information that should normally be collected during the FNA process. Authorized...

... obligation to collect adequate information to place themselves in a position whereby they can perform reasonable assessments before making any insurance recommendation. 6.5 A template is set out at Appendix to illustrate the information that should normally be collected during the FNA process. Authorized...

... in Article 28 of the Articles of Association of the Confederation. "Director" means any person appointed to the board of directors of a Member company or prospective Member company. "Employee" means any person employed by a Member. "Fit and Proper Person" means a person who fulfils the criteria set...