... 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...

..., the person is a terrorist or terrorist associate. /… - 2 - (2) United Nations Sanctions (Democratic People’s Republic of Korea) Regulation An updated list of relevant persons and entities has been specified under section 31 of the United Nations Sanctions (Democratic People’s Republic of Korea...

... our statutory function of protecting policy holders.” In this connection, the IA has formulated two sets of rules2 which will take effect on 23 September 2019, subject to the progress of scrutiny by the Legislative Council. A suite of codes and guidelines for licensed insurance...

... Professional Development (CPD) training, codes of conduct, and minimum capital and net asset requirements for broker companies. The IA is also responsible for handling complaints related to the conduct of insurance intermediaries2, conducting investigation into alleged cases of non-compliance, and taking...

... 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...