Read the full judgment text of FAMC 000020/2009 on BabelCite. This FAMC judgment was delivered on 31 March 2009.
1. The applicant,who was an experienced insurance broker, was a director of an insurance brokerage company Sky Pacific Insurance Brokers Ltd which was especially set up by a Madam Irene Chiu to handle brokerage business with New York Life Insurance Worldwide Limited. It was the practice of New York Life to pay commission to a broker for submitting a proposal form on behalf of a customer applying for a life insurance policy with New York Life. The commission was somehow as high as 138% of the fir
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