... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...

... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...

... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...

... sufficient capital to cover risks not captured or not adequately captured under regulatory capital requirements, such as capital charge on specialty risks; and (c) is not an alternative to the standard method used to calculate regulatory capital requirements of an insurer under the future RBC regime. (See...

...。 1.2. 本指引載述保監局擬採用何種方式行使條例第 21(2)(c)條所 提述的施加罰款權力，而保監局在行使該權力時，必須考慮 指引的內容。 2. 保險業監管局行使施加罰款權力時的考慮因素 2.1. 按照目前的政策，保監局通常會把所有施加罰款的決定公布 周知。 2.2. 保監局在斟酌是否施加罰款和罰款金額時，會考慮有關個案 的所有情況，包括下文所述的相關因素。 2.3. 保監局所施加的罰款應能遏止有關保險機構違反條例第 5(11) 條所界定的指明條文。罰款也應發揮以儆效尤的作用，阻嚇 其他保險機構違反相同或類似的指明條文。 2.4. 條例第 21(2)(c)(ii)條述明，有關當局可施加的其中...

... enquiries on the above, please contact Ms Cindy Leung at 2153 2756 or Mr Penny Chiu at 2153 2745. Yours faithfully, (Miss Nancy Chien) for Commissioner of Insurance (Insurance Authority) Encl. c.c. Chairman, The Hong Kong Federation of Insurers [aml_tec-6-45_CE_20170619/ih] SC/12861 7 JUNE 2017 PRESS...

... establishment in an orderly manner. The home Authority will also, upon request, assist the host Authority with verifying or supplementing any information submitted by the applicant; (c) upon request, the home Authority will inform the host Authority about the nature of its regulatory system and the extent to...

... establishment in an orderly manner. The home Authority will also, upon request, assist the host Authority with verifying or supplementing any information submitted by the applicant; (c) upon request, the home Authority will inform the host Authority about the nature of its regulatory system and the extent to...

... available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C...

... establishment in an orderly manner. The home Authority will also, upon request, assist the host Authority with verifying or supplementing any information submitted by the applicant; (c) upon request, the home Authority will inform the host Authority about the nature of its regulatory system and the extent to...