... person deals with property and that person has a defence to ML, provided if : (1) STR is made BEFORE the act - And the act done with consent from JFIU OR (2) STR is made AFTER the act - On own initiative & - As soon as reasonable practicable Joint Financial Intelligence Unit Relevant Legislation...

... 28 June 2019 Our Ref: MC/AS/19/03 To: Responsible Officers of Insurance Agencies engaging in general business Dear Sirs, Market Survey of Insurance Agencies Engaging in General Business The Insurance Authority (“IA”) is preparing for the direct regulation of Insurance Agencies1 commencing on 23...

... Chief Executives of authorized insurers carrying on general insurance business 30 September 2020 /… - 2 - That is, on average, the industry for the top 25 Direct Motor Vehicle Insurers is making an underwriting margin of -14.6%. The best performer has an underwriting margin of 34.0% while the...

... impersonated the official website and the social media platform of two authorized insurers in Hong Kong, Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited. Both companies have confirmed that they have no connection with the fraudulent website and the social media platform....

... applications of an authorized insurer of Hong Kong, AIA International Limited (AIA). AIA has confirmed that they have no connection with the fraudulent mobile applications. Website link Name of mobile application  ...

... digital distribution channels under the Fast Track, marking a significant milestone of Insurtech development in Hong Kong. “The first virtual insurer approved under the Fast Track is a local startup interested in providing products with simple structure, high protection element and low...

... Amends One Entry on Its Sanctions List On 18 January 2017, the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) enacted the amendments specified with underline and strikethrough in the entry below on its ISIL (Da’esh) and Al-Qaida Sanctions List of individuals...

... Quarterly Release of Provisional Statistics for General Business The Insurance Authority took the initiative to collect and issue quarterly provisional statistics on the Hong Kong insurance market after consultation with the insurance industry. Such statistics...

... Quarterly Release of Provisional Statistics for Long Term Business The Insurance Authority took the initiative to collect and issue quarterly provisional statistics on the Hong Kong insurance market after consultation with the insurance industry. Such statistics...

... Virtual onboarding via video conferences with intermediaries Application process Application means and channels An intermediary can conduct a non-face-to-face meeting with you via the designated video conferencing tools of the...