... ensure their knowledge is kept up-to-date so they are able to carry on regulated activities and serve policyholders to the requisite standards of professionalism. Given the flexibility afforded by the measures outlined in this letter, tolerance will be in short supply for any failure to comply with the...

... ensure their knowledge is kept up-to-date so they are able to carry on regulated activities and serve policyholders to the requisite standards of professionalism. Given the flexibility afforded by the measures outlined in this letter, tolerance will be in short supply for any failure to comply with the...

... payable may change anytime with the values being higher or lower than those illustrated. As another example, the possible potential impact of a change in the company’s current assumed investment return on the Total Surrender Value and the Total Death Benefit are illustrated in Sections 4 and 5. Under some...

... Ordinance (Cap.41) (“IO”) Pursuant to section 73(1) of the IO, a licensed insurance broker company must, within 6 months after the end of each financial year (“the 6-month statutory submission deadline”), provide the IA with its audited financial statements, an auditor’s report on its financial statements...

... Ordinance (Cap.41) (“IO”) Pursuant to section 73(1) of the IO, a licensed insurance broker company must, within 6 months after the end of each financial year (“the 6-month statutory submission deadline”), provide the IA with its audited financial statements, an auditor’s report on its financial statements...

... deposit account maintained by an insurance broker with a financial institution duly authorized under the Banking Ordinance (Cap. 155) in the name of the insurance broker in the title of which the word "client" appears for the purpose of complying with the Guideline on Minimum Requirements for Insurance...

... fee of HK$15,000 be charged upon authorization of each SPI and thereafter on an annual basis, with no variable fee.  Insurance (Special Purpose Business) Rules (Cap. 41P) The Insurance (Special Purpose Business) Rules...

... you that an updated list of relevant persons and entities has been specified under section 32 of the United Nations Sanctions (Central African Republic) Regulation 2017 (Cap. 537 sub. leg. BW) (“the Central African Republic Regulation”). The list has been published in the Gazette (G.N. 3396) on 26 May...

... maintaining assets in Hong Kong to match local liabilities and exemption from the requirement for valuing assets and liabilities in accordance with the statutory basis. You may see the above recording (in Mandarin only) from the Captive Forum 2020 to Mainland enterprises held on 27 October 2020...

... intermediaries on 23 September 2019. The IA therefore had to handle the matters in accordance with the transitional arrangements in Schedule 11 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), applying the relevant requirements in place at the time and following the disciplinary approach of...