... delighted to join you this morning at the Asian Insurance CFO Summit. Since 26th June last year, the Insurance Authority (IA) has taken over the statutory functions of the former Office of the Commissioner of Insurance. My colleagues and I have been working doubly hard to meet a number of challenges....

... delighted to join you this morning at the Asian Insurance CFO Summit. Since 26th June last year, the Insurance Authority (IA) has taken over the statutory functions of the former Office of the Commissioner of Insurance. My colleagues and I have been working doubly hard to meet a number of challenges....

... delighted to join you this morning at the Asian Insurance CFO Summit. Since 26th June last year, the Insurance Authority (IA) has taken over the statutory functions of the former Office of the Commissioner of Insurance. My colleagues and I have been working doubly hard to meet a number of challenges....

... papers • Internal reference – Discrepancy between a transaction and the customer’s risk profile, e.g. withdrawal amount exceeds certain percentage when compared with the policyholder’s withdrawal history 6 6 Non-financial Transactions Policyholder A Policyholder B Policyholder C Policyholder D 7 Frequent...

... writing within a certain period (say a month)  Similar arrangement can be used for deduction of levy:  Adding levy to the amount of APL - Automatic Policy Loan  Deduct outstanding levy from benefit payment on Claim, Maturity or Surrender  Levy is what the policy holder owes the IA and not the insurer....

... papers • Internal reference – Discrepancy between a transaction and the customer’s risk profile, e.g. withdrawal amount exceeds certain percentage when compared with the policyholder’s withdrawal history 6 6 Non-financial Transactions Policyholder A Policyholder B Policyholder C Policyholder D 7 Frequent...

... papers • Internal reference – Discrepancy between a transaction and the customer’s risk profile, e.g. withdrawal amount exceeds certain percentage when compared with the policyholder’s withdrawal history 6 6 Non-financial Transactions Policyholder A Policyholder B Policyholder C Policyholder D 7 Frequent...

... the Hong Kong Special Administrative Region Disclaimer  This presentation provides a general overview of the Guideline on Anti-Money Laundering and Counter-Terrorist Financing. It does not cover all requirements applicable to insurance institutions. It should be read in conjunction with the full...

... the Hong Kong Special Administrative Region Disclaimer  This presentation provides a general overview of the Guideline on Anti-Money Laundering and Counter-Terrorist Financing. It does not cover all requirements applicable to insurance institutions. It should be read in conjunction with the full...

... the Hong Kong Special Administrative Region Disclaimer  This presentation provides a general overview of the Guideline on Anti-Money Laundering and Counter-Terrorist Financing. It does not cover all requirements applicable to insurance institutions. It should be read in conjunction with the full...