... that its insurance agents meet the fit and proper criteria set out in the Code of Practice for the Administration of Insurance Agents issued by The Hong Kong Federation of Insurers, which include, inter alia, the minimum education requirement, i.e. completion of Form 5 education or equivalent. As the...

... Licensed insurance intermediaries are required to comply with the statutory conduct requirements set out in sections 90, 91 and 92 (where applicable) of the IO and the relevant requirements set out in the codes of conduct issued under the IO.  The IA has issued two separate codes of conduct, namely...

... same Enterprise Risk Management (“ERM”) processes and procedures as set out in the Guideline. It provides flexibility for an insurer to design the ERM framework to accord with its own specific circumstances. An insurer is however expected to be able to demonstrate to the IA’s satisfaction how the...