... Qualifying Examination , unless exempted 10 Transition to the New Regime • All pre-existing insurance intermediaries will be deemed as licensees under the new regime for a transitional period of 3 years • Licence fee will be waived for 5 years • Complaint cases not yet resolved by SROs will be handled by the...

... counter-measures will be re-imposed after the twelve-month period if Iran has not demonstrated sufficient progress in implementing the Action Plan. You should continue to apply enhanced due diligence, proportionate to the risks, to business relationships and transactions with natural and legal persons from Iran....

... business correspondence (e.g. insurance application form) Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 8 – Record Keeping 8.3 : CDD records should be kept - throughout the business relationship with the customer - for a period of 6 years...

... account and business correspondence (e.g. insurance application form) 49 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 8.4: CDD records should be kept – throughout the business relationship with the customer – for a period of 6 years after the end of...

... business correspondence (e.g. insurance application form) Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 8 – Record Keeping 8.3 : CDD records should be kept - throughout the business relationship with the customer - for a period of 6 years...

... account and business correspondence (e.g. insurance application form) 49 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 8.4: CDD records should be kept – throughout the business relationship with the customer – for a period of 6 years after the end of...

... business correspondence (e.g. insurance application form) Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 8 – Record Keeping 8.3 : CDD records should be kept - throughout the business relationship with the customer - for a period of 6 years...

... account and business correspondence (e.g. insurance application form) 49 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 8.4: CDD records should be kept – throughout the business relationship with the customer – for a period of 6 years after the end of...

...) scope of the outsourced service; (b) location where the outsourced service will be performed; (c) effective period of the outsourcing arrangement; (d) contractual obligations and liabilities of the insurer and the service provider; 8 (e) performance standards to be attained in respect of the outsourced...

...) (Note: The cap remains unchanged even contract period falls less than one year.)   Example 4: Mr. D’s long term insurance policy has an inception date of 1 January 2020. The policy requires him to pay a premium of $300,000 every 18 months. Along...