... institution concerned from contravening a specified provision as defined by section 5(11) of the AMLO. It should also act as a general deterrent to other insurance institutions from contravening the same or similar specified provisions. 2.4. Although section 21(2)(c)(ii) of the AMLO states that one...

... institution concerned from contravening a specified provision as defined by section 5(11) of the AMLO. It should also act as a general deterrent to other insurance institutions from contravening the same or similar specified provisions. 2.4. Although section 21(2)(c)(ii) of the AMLO states that one...

... Although section 21(2)(c)(ii) of the AMLO states that one alternative maximum level of the pecuniary penalty that can be imposed is three times the amount of the profit gained, or costs avoided, the IA will not automatically link the penalty imposed in any particular case with 2 the profit gained, or costs...

... the same or similar specified provisions. 2.4. Although section 21(2)(c)(ii) of the AMLO states that one alternative maximum level of the pecuniary penalty that can be imposed is three 2 times the amount of the profit gained, or costs avoided, the IA will not automatically link the penalty imposed in...

... institution concerned from contravening a specified provision as defined by section 5(11) of the AMLO. It should also act as a general deterrent to other insurance institutions from contravening the same or similar specified provisions. 2.4. Although section 21(2)(c)(ii) of the AMLO states that one...

... of 2002) on 23 August 2002. A copy of the Ordinance and the Commencement Notice is at Annex I and Annex II respectively. Soft copy of the Notice and the Ordinance is also available on the Government website (www.info.gov.hk/pd/content/index.htm). The Ordinance seeks to implement the...

... came into effect on 9 August 2002 in accordance with the Regulation. A copy of the list is enclosed at Annex II . Both the Regulation and the list are also available on the Government website (www.info.gov.hk/pd/content/index.htm). You are advised to take appropriate steps to ensure...

... requirement in paragraph B1. (a) The client agreement between the licensed insurance broker company and its client. (b) For insurance transactions in relation to general business (as defined in the Insurance Ordinance (Cap. 41)): (i) the formal proposal/quotation; (ii) the cover note; (iii) the premium debit...

... requirement in paragraph B1. (a) The client agreement between the licensed insurance broker company and its client. (b) For insurance transactions in relation to general business (as defined in the Insurance Ordinance (Cap. 41)): (i) the formal proposal/quotation; (ii) the cover note; (iii) the premium debit...