... negatively should a risk event occur and in what circumstances such impact would exceed the tolerance level set. Through qualitative and/or quantitative risk analysis, project owners would have a clearer idea on the risks they are facing and the level of protection they need. This facilitates their decision...

... set aside a lump sum of liquid assets for the specified term of a single-premium policy. 14. Members should include specific questions, where appropriate, asking for details of all existing long term insurance policy(ies) taken out by the client which is/are not matured, lapsed, or surrendered. In...

... recorded as such in the books and accounts. (3) Timely Book-keeping and Review of the Cover Given the 60-day Window for rectification, it is advisable for Members to keep their books and account up-to-date, and to set an earlier date for review of the limit after its commencement. The Annual Certification...

... multiple choice options in the suggested FNA form as set out in the Appendix. However, Member Companies may include additional questions and/or multiple choice options, if they consider that such will further enhance the suitability assessment for their own products. 2) Neither Member Companies nor...

..., registration or approval status, as the case may be, in Hong Kong and elsewhere, if any. Alternatively, it may set out conspicuously in a disclaimer the territory(ies) in which it does not intend to conduct insurance business. 4.3. As a general principle, insurance activities that are conducted from outside of...

... first year of the direct regulatory regime for licensed insurance agents and issues relating to authorized insurers As you will be aware, the new direct regulatory regime for licensed insurance intermediaries, as set out in the Insurance Ordinance (Cap. 41) (the “Ordinance”), has been in effect for just...

... in the Basic Plan Illustration in Section 3 are set out below. The current scale of charges, unless otherwise specified, is not guaranteed and is subject to the company’s sole discretion to change with prior written notice to policyholders # months before effective (note: the # cannot be less than 1...

... embargo set out in paragraph 2 of Security Council resolution 2253 (2015) adopted under Chapter VII of the Charter of the United Nations. A. Individual associated with ISIL (Da’esh) and Al-Qaida QDi.142 Name: 1: RADI 2: ABD EL SAMIE 3: ABOU EL YAZID 4: EL AYASHI Name (original script...

... premium contribution period. Of course, you should also set aside su�cient cash for your daily and contingency expenses. Early surrender can incur a significant loss Make sure that all your annuity premiums are paid before retirement. When choosing the income period, make sure it matches your life...

... on an ongoing basis No proper documentation for name screening exercises  No name screening mechanism set out in procedural manuals  No screening results retained for customers Recommendations:  Establish and maintain an effective screening mechanism  Document all the name screening results...