... This paper updates two earlier FATF guidance papers: The Implementation of Financial Provisions of United Nations Security Council Resolutions to Counter the Proliferation of Weapons of Mass Destruction (2013) and Best Practices Paper to Recommendation 2 Information Sharing and Exchange Related to the...

..., including the continuity of critical financial services, can be mitigated while losses are imposed on the institution’s shareholders and creditors, thereby minimising risks posed to public funds. As provided by section 2 of the Ordinance, the financial institutions falling under the scope of the Ordinance...

... practice, however, insurers are encouraged to conduct FNA even for those excluded products. II. Section 5 – Product Design Q 2. Section 5.3 requires insurers to monitor the products after launch to ensure that they continue to meet the needs of the target customers. Does this requirement apply to products...

... February 2020, in light of the COVID-19 pandemic, the FATF has paused the review process for countries in the list of high-risk jurisdictions subject to a call for action. Therefore, the FATF issued a statement on 25 February 2021 2 advising its members to refer to the list of high-risk jurisdictions...

... February 2020, in light of the COVID-19 pandemic, the FATF has paused the review process for countries in the list of high-risk jurisdictions subject to a call for action. Therefore, the FATF issued a statement on 25 February 2021 2 advising its members to refer to the list of high-risk jurisdictions...

... Life Insurance Company (Bermuda) Limited 2.3%     Bupa (Asia) Limited 1.5%     Sun Life Hong Kong Limited 1.2%     Bolttech Insurance (Hong Kong) Company Limited2...

... an Assessment Period, the total CPD hours required (and the compulsory hours on “Ethics or Regulations”) are calculated on a pro-rata basis depending on the month in which the relevant licence is granted by the IA. Please see Annex 2 of GL24: Guideline on Continuing Professional Development for...