Insurance Ordinance

(1)
An authorized insurer must ensure that the capital requirements for the insurer
                are at all times complied with.
(2)
The Authority may, by rules made under
section 129(1)
, prescribe
                requirements for an authorized insurer to report to the Authority any information
                relevant to the compliance with the capital requirements for the insurer (including
                requirements as to how and when such a report must be made).
(3)
An authorized insurer must comply with a requirement prescribed by virtue of
                subsection (2) that applies to the insurer.
(4)
An authorized insurer that contravenes subsection (3) commits an offence and is
                liable on conviction on
indictment—
(a)
to a fine of $200,000; and
(b)
in the case of a continuing offence—to a further fine of $5,000 for each
                    day during which the offence continues.