... shall include the Form of Disclosure set out below (i) in client agreements whether as a broker service agreement, brokers terms of business or similar, and where the validity period does not exceed three years and the express levels of fee or brokerage remuneration to be received by the Member are not...

..., 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...

... 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...

... is currently derived from digital channels. Abiding by the technology-neutral principle, we set no artificial barriers for Insurtech, while ensuring that products offered on digital platforms carry a simple structure and heavy protection element. Sandbox and Fast Track, the two new initiatives rolled...

... factors set out in this Guideline are not exhaustive. This Guideline does not constitute legal advice. You should seek professional advice if you have any question relating to the application or interpretation of the relevant provisions of the Ordinance. 2. Scope of Application 2.1. “Regulated person” is...

... is currently derived from digital channels. Abiding by the technology-neutral principle, we set no artificial barriers for Insurtech, while ensuring that products offered on digital platforms carry a simple structure and heavy protection element. Sandbox and Fast Track, the two new initiatives rolled...

... 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...

... factors set out in this Guideline are not exhaustive. This Guideline does not constitute legal advice. You should seek professional advice if you have any question relating to the application or interpretation of the relevant provisions of the Ordinance. 2. Scope of Application 2.1. “Regulated person” is...