... statutory customer due diligence (“CDD”) and record-keeping requirements to solicitors, accountants, real estate agents, and trust or company service providers (“TCSPs”) when these non-financial businesses and professions engage in specified transactions; and (2) introduce a licensing regime for TCSPs to...

... insurance contract that a levy is payable by policy holders and the rates of such levy. The Insurance (Levy) Regulation sets out the manner in which payment of levies should be made. 2. The Insurance Authority (the “Authority”) collects the levy from policy holders via authorized insurers (the “insurers...

... completing this form. (2) Name of the Insurer : Name of Applicant/Proposer : Hong Kong Identity Card No. of Applicant/Proposer : Application/Proposal/Policy No. : (3) SECTION A 1. Have you replaced or do you intend to replace any of your existing life insurance policies by the above mentioned application...

...  added  after  policy issuance) needs to be companied by an FNA form?  A  1. Treatment for riders should follow the requirement as if it is a basic plan.          Q  2. Please provide  a definition of  'top‐ups',  in particular whether  inflation protector  option would be considered a top‐up.  A  2. Top...

.../publications/high-risk-and-other-monitored-jurisdictions/documents/public-statement-october-2019.html - 2 - You should give special attention to business relationships and transactions with the DPRK, including DPRK companies, financial institutions and those acting on their behalf, and subject them to...

... Code of Practice for the Administration of Insurance Agents 《保險代理管理守則》 Other Codes/Guidelines 其他守則/指引 1. Effecting policy without authority 未經授權為客戶投購保險 5 years 五年 (6th) 71/75 & 49(d) (7th) 74/78 & 58(g) 2. Mishandling of clients’ premium or monies 不當處理客戶保費或款項 5 years 五年 (6th) 71/75 & 49(d) Guidance...

... this Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Background CIB Membership Regulation 5.2 requires our Members to maintain Professional Indemnity Insurance (“PII”) with a minimum limit of indemnity determined with reference to their insurance brokerage income...

... regular basis. Sufficiently regular basis in this regard will depend on the size and complexity of the broker’s operations and further guidance on this is included below. 2. In developing systems of control brokers should have regard to the following control objectives: 2.1 Control objectives over...