... Policy Values Ethics Future of insurance industry depends on… 10 Close collaboration Insurance Authority The practitioners The industry 11 ...

... Policy Values Ethics Future of insurance industry depends on… 10 Close collaboration Insurance Authority The practitioners The industry 11 ...

...) (Amendment) Ordinance 2018 (“Amendment Ordinance”) and make corresponding amendments. The amendments, which are more relevant to the insurance sector, include – (a) aligning the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%”, having regard to the prevailing...

... straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly more complex, but again involving a choice between four alternatives. These we may call Type ‘B’ Questions. Examples of each are...

... association partnering with BRIEF. Commencement of Profits Tax Concession for Certain General Insurance Business from 19 March 2021 The Inland Revenue (Amendment) (Profits Tax Concessions for Insurance-related Businesses) Bill 2019 was passed by the Legislative Council on 15 July 2020...

... brokers carrying on or advising on long term business; and licensed money service operators. 3 The Bill includes the proposal to amend the requirements in relation to wire transfers, so consequential amendments will also be made to Chapter 10 of the AML Guideline, including relevant address verification...

... of the questions will be very straightforward, involving a simple choice from four alternatives. These we may call Type ‘A’ Questions. A selection of the questions (probably between 10% and 15%) will be slightly more complex, but again involving a choice between four alternatives. These we may call...

... member of the supervised group. 10. Without limiting the IA’s discretion to exercise the powers under sections 95C and 95D of the IO, the IA hereby acknowledges that as a general principle, its intention is not to designate an HKMA regulated entity as a DIHC under section 95C of the IO, and not to...

... member of the supervised group. 10. Without limiting the IA’s discretion to exercise the powers under sections 95C and 95D of the IO, the IA hereby acknowledges that as a general principle, its intention is not to designate an HKMA regulated entity as a DIHC under section 95C of the IO, and not to...

... as a group and in the latter case, the insurer’s role in that group; (x) the nature and extent of any financial crime facilitated, occasioned or otherwise attributable to the conduct; (xi) the level of senior management involved and the extent of their involvement; (xii) whether there is a breach of...