... Private and Confidential Wesurance Limited 030519W-IA !1!1 New trend and key challenges in consumer product & Regulatory Compliance !2 Why ? Technologies reach Insurance industry even not fast enough as compare with banking. Open a new personal bank account within 15 minutes on the mobile platform...

... broker company licence under section 66 of Schedule 11 to the Insurance Ordinance on the commencement date. - 2 - Audited Financial Statements Specified broker companies must comply with the requirements in relation to audited financial statements under rule 8(2) of the Broker Rules, for each financial...

...; Long term business The total amount of revenue premiums of long term in-force business was $132.2 billion in the first quarter of 2019 (increased by 13%). Revenue premiums of Individual Life and Annuity (Non-Linked) business were $115.9 billion (increased by 16.2%) while those of Individual...

... into the ISSB standards that would allow jurisdictions to scale and phase in the requirements. Relevant authorities in Hong Kong will consider alignment of the local requirements with this global baseline in a proportionate approach2. The IFRS Foundation has stepped up its presence in Asia by...

... Compliance issues on AML/CFT Compliance issues on Anti-Money Laundering and Counter-Terrorist Financing Dickson Chui Senior Manager (Enforcement) – Anti-Money Laundering 9 November 2015 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 2 2...

... Compliance issues on AML/CFT Compliance issues on Anti-Money Laundering and Counter-Terrorist Financing Dickson Chui Senior Manager (Enforcement) – Anti-Money Laundering 9 November 2015 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 2 2...

... Compliance issues on AML/CFT Compliance issues on Anti-Money Laundering and Counter-Terrorist Financing Dickson Chui Senior Manager (Enforcement) – Anti-Money Laundering 9 November 2015 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 2 2...

... the insurer’s appointed licensed insurance agents comply with the CPD requirements. https://www.ia.org.hk/en/legislative_framework/files/Eng_GL24_CPD.pdf https://www.ia.org.hk/en/legislative_framework/files/Eng_GL24_CPD.pdf 2 The absence of such adequate controls and procedures may, in the IA’s view...

... the insurer’s appointed licensed insurance agents comply with the CPD requirements. https://www.ia.org.hk/en/legislative_framework/files/Eng_GL24_CPD.pdf https://www.ia.org.hk/en/legislative_framework/files/Eng_GL24_CPD.pdf 2 The absence of such adequate controls and procedures may, in the IA’s view...

... of 8.0% to HK$59,869 million in 2020. Overall underwriting profit reached HK$2,336 million, up from HK$869 million in 2019. The market was able to achieve premium growth during this difficult time due to positive contributions from Property Damage, General Liability and Pecuniary Loss business. Rates...