... REGIME FOR INSURANCE INTERMEDIARIES PRUDENTIAL SUPERVISION In order to benchmark with prevailing international standards, the IA is seeking to forge a consensus among insurers on key parameters of the Risk-based Capital Regime. A group-wide supervision framework is being molded to consolidate the status...

... are not in order. Way Forward Bancassurers should acknowledge the above challenges which are common in bank-insurance operations. While the issues could be differently resolved depending on the strategy and culture of an organization, the following mega-trends may shed light on the future direction of...

... careful verification of all new applications and subsequent change applications for ILAS products in every aspect, and regular review and follow-up with client in respect of his/her ILAS policies. Further, in order to avoid any errors, omissions, or any negligent or even fraudulent acts, Member must...

... of concern and compliance advice letters in order to raise awareness of the requirements and warn against such contraventions. As we move into our second year, however, and as our enforcement process gains maturity, a gradual stepping up of enforcement in relation to these requirements may be...

... Holding Entity B” and “Subsidiary C”. In order to avoid double counting, therefore, the MCR and PCR of “Subsidiary C” are not included in the GMCR and GPCR respectively by virtue of Rules 8(2)(b) and 8(3)(b) of the Group Capital Rules. The capital resources of Subsidiary C are included in the eligible...

... in the last 10 years failed to satisfy any debt adjudged due and payable by him as a judgement-debtor under an order of a court in Hong Kong or elsewhere? If so, give full particulars. 11. Has he, in connection with the formation or management of any body corporate or insurer, been adjudged by a...

... far, has been mainly through the issuance of letters of concern and compliance advice letters in order to raise awareness of the requirements and warn against such contraventions. As we move into our second year, however, and as our enforcement process gains maturity, a gradual stepping up of...

... in the last 10 years failed to satisfy any debt adjudged due and payable by him as a judgement-debtor under an order of a court in Hong Kong or elsewhere? If so, give full particulars. 11. Has he, in connection with the formation or management of any body corporate or insurer, been adjudged by a...

... adjusters and surveyors, security consultants and installation companies, property and engineering surveyors consultants and vendors, consulting engineers and architects; 18 (c) with the written consent of that client; or (d) with court order or to comply with obligations imposed upon him by law. (E...

... adjusters and surveyors, security consultants and installation companies, property and engineering surveyors consultants and vendors, consulting engineers and architects; 18 (c) with the written consent of that client; or (d) with court order or to comply with obligations imposed upon him by law. (E...