... recommendation, and for ILAS policies, those set out under 8.1 above. 11. In the recommendation of regular premium policies, Members should include, but without limitation, the following:- 11.1 the ratio of the regular premiums of the recommended products to the clients’ disposable income. When clients...

... currently set out in the AML Guideline. As a result, FIs are only required to collect address information of customers and/or beneficial owners without the need to collect documentary evidence for AML/CFT purpose. Relevant paragraphs of the AML Guideline that will be amended to reflect the removal of the...

... Annex 2, which contains descriptions of additional sources of information. 8. The Guidance aims to set out the key elements of an effective risk-based approach and identifies the types of issues that both public authorities and life insurance companies and intermediaries may wish to consider when...

... Annex 2, which contains descriptions of additional sources of information. 8. The Guidance aims to set out the key elements of an effective risk-based approach and identifies the types of issues that both public authorities and life insurance companies and intermediaries may wish to consider when...

... Annex 2, which contains descriptions of additional sources of information. 8. The Guidance aims to set out the key elements of an effective risk-based approach and identifies the types of issues that both public authorities and life insurance companies and intermediaries may wish to consider when...

... Asked Questions on CPD requirements The number of CPD hours an individual licensee must complete is set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”). The IA has also issued a set of Frequently Asked Questions (“FAQs”) and accompanying answers...

... in order to encourage voluntary savings for retirement, the required legislative process has been completed. This Update serves to set out the textual updates to the Study Notes for the Long Term Insurance Examination (2017 Edition) to reflect the aforesaid developments. 1. The following items are...

... culture. 1.3 ERM for solvency purposes is the coordination of risk management, strategic planning, capital adequacy, and financial efficiency in order to enhance sound operation of the authorized insurer and ensure the adequate protection of policy holders. An authorized insurer embeds an integrated set of...

... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...

... regulate and supervise the insurance industry. This includes regulating and supervising authorized insurers and licensed insurance intermediaries. The IA’s functions and powers are set out in the Insurance Ordinance. Complaints against authorized insurers If your complaint is against an authorized insurer...