..., for failing to comply with this fundamental requirement. Since these were transitional cases, in taking disciplinary action the IA was required to apply the rules of the self-regulatory body which applied at the time. Going forward, however, this type of contravention can be prosecuted as an offence...

... commencement of an investigation referred to in paragraph 38 that is carried out by the IA on its own, the IA will keep the MA informed of the progress of the investigation on a regular basis, inform the MA of the completion and conclusions of the investigation and, provide the MA with the IA’s findings. 40...

... commencement of an investigation referred to in paragraph 38 that is carried out by the IA on its own, the IA will keep the MA informed of the progress of the investigation on a regular basis, inform the MA of the completion and conclusions of the investigation and, provide the MA with the IA’s findings. 40...

... commencement of an investigation referred to in paragraph 38 that is carried out by the IA on its own, the IA will keep the MA informed of the progress of the investigation on a regular basis, inform the MA of the completion and conclusions of the investigation and, provide the MA with the IA’s findings. 40...

... commencement of an investigation referred to in paragraph 38 that is carried out by the IA on its own, the IA will keep the MA informed of the progress of the investigation on a regular basis, inform the MA of the completion and conclusions of the investigation and, provide the MA with the IA’s findings. 40...

... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...

... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...

... the risk”. In recent years, there has been a growing chorus of voices suggesting that the “duty of disclosure” has become increasingly outdated and is too weighted in favour of the insurer. After all, can a prospective policyholder really be expected to know what type of fact might influence a...

... IA’s Register of Insurers as having a “Business Type” “Composite”. Please see: https://www.ia.org.hk/en/supervision/reg_insurers_lloyd/register_of_authorized_insurers.html. MAXIMUM NUMBER OF INSURERS = 4 (OVERALL CAP) Maximum number of long term insurers = 2 (sub-cap) https://www.ia.org.hk/en...

... activities? A2: In this scenario, the bank staff does not provide, explain or discuss with the client any information relating to a particular insurance product. Rather, the bank staff is introducing the generic insurance concept of annuities to the client (i.e. providing generic information on a type of...