... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

...: 1. Responsibilities of principals and individual licensees; 2. The cap on CPD hours completed by E-learning Activities for each CPD Assessment Period; 3. CPD activities delivered via virtual classroom platforms; 4. CPD hour requirements for a person whose licence is suspended or revoked for less than...

...: 1. Responsibilities of principals and individual licensees; 2. The cap on CPD hours completed by E-learning Activities for each CPD Assessment Period; 3. CPD activities delivered via virtual classroom platforms; 4. CPD hour requirements for a person whose licence is suspended or revoked for less than...

... trial including types of long term insurance products to be covered, length of the trial period (including different phases, if any), target customers (i.e. new / existing / vulnerable customers / Mainland China Visitors (“MCV”) etc), VC facility to be used (i.e. proprietary or third-party) and the...

... the period from 1 January to 31 December 2017: (3.1) (a) Percentage (%) of policies arranged for Hong Kong based individual policyholders (e.g. with Hong Kong identity cards) % (b) Percentage (%) of policies arranged for non-Hong Kong based individual policyholders (e.g. without Hong Kong identity...

... period. Therefore, for the first ORSA Report to be submitted to IA in 2021, insurers should adopt the methodology in the third QIS as the benchmarked regulatory capital requirements. (See paragraph 11.3) 8. Relief measures in early years of implementation of the Guideline To respond to insurers’ comments...

... new regime for 3-years. In this circular, these agencies, ROs and their TRs are referred to as “deemed licensees”. Each deemed licensee has a licence which runs from 23 September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply...

... September 2019 to 22 September 2022 (“transitional period”). During this transitional period, every deemed licensee needs to apply for a new licence from the IA if they wish to continue to be a licensed insurance broker. Given the large number of deemed licensees, these applications need to be staggered...