... recommendation in respect of a suitable life insurance policy to the customer, with the recommendation being based on that assessment. The requirements in relation to an FNA are set out in Guideline on Financial Needs Analysis issued (GL30) by the IA (see further paragraph 5 below); 3 (g) “Important Facts...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL26.pdf -
Date: 2019-11-29
... United Nations Sanctions (Democratic People’s Republic of Korea) (Amendment) Regulation 2018 L.N. 122 of 2018 20 June 2018 United Nations (Anti-Terrorism Measures) Ordinance G.N.(E.)30 of 2018 15 June 2018...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circulars_on_anti-money_laundering_matters_2018.html -
Date: 2019-02-01
... assessment. • The end-of-course assessment will on average take 30 minutes, which will not count towards the total CPD hours granted. Circular_RIME_15032022 (clean) Circular_RIME_P.4 Circular_RIME_15032022 (P.4) ...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_RIME_15032022_ENG.pdf -
Date: 2022-05-31
... required supporting documents by the deadline (e.g. within 21 to 30 days after your return to Hong Kong), as stated in the policy. Notes on purchasing travel insurance when joining a package tour through a travel agent When joining a package tour, some travel agents...
https://www.ia.org.hk/english/travel_insurance/points_to_note_of_buying_travel_insurance_and_making_claims.html -
Date: 2024-01-18
... to the United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 (Cap 537 sub.leg. BX) (“the Congo Regulation”) gazetted on 15 September 2017, a list of relevant persons and entities has been specified under section 30 of the Congo Regulation. The list has been published in the...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20170922.pdf -
Date: 2018-01-15
... annually thereafter consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2020-06-15
... payable upon authorization and annually thereafter consist of two elements, namely, a fixed fee of $300,000 ($30,000 for captive insurer; and $600,000 for composite insurer) and a variable fee based on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the payment...
https://www.ia.org.hk/english/aboutus/role/files/2021.EngNotes_.pdf -
Date: 2021-09-13
... annually thereafter consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
... disposable income would you be able to use to pay your monthly premium for the entire term of the insurance policy/investment plan in (c) above? (tick one) i) <10% ii) 10% - 20% iii) 21% - 30% iv) 31% - 40% v) 41% - 50% vi) >50% e. In considering your ability to make payments, what are your...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_HKFI_Initiative_on_FNA_v5_14_7_2015_20190823.pdf -
Date: 2019-12-20
... circumstances], the fee payable upon authorization and annually thereafter2 consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12