... details of which are summarized at the Annex for your attention. Key areas for improvement include:- 1) Senior management oversight; 2) Compliance functions; 3) Customer risk assessment; 4) Customer due diligence process; 5) Screening of Politically Exposed Persons, terrorists and sanction designations; 6...

... GN 10 GL10 GUIDELINE ON THE CORPORATE GOVERNANCE OF AUTHORIZED INSURERS Insurance Authority Contents Page 1. Introduction……………………………………………… 1 2. Interpretation…………………………………………….. 2 3. Application………………..…………………………….... 3 4. Governance Structure………………………….…..……... 4 5. Role and Responsibilities of...

... GN 10 GL10 GUIDELINE ON THE CORPORATE GOVERNANCE OF AUTHORIZED INSURERS Insurance Authority Contents Page 1. Introduction……………………………………………… 1 2. Interpretation…………………………………………….. 2 3. Application………………..…………………………….... 3 4. Governance Structure………………………….…..……... 4 5. Role and Responsibilities of...

...        Q  3. For refundable  insurance policies under 1(a)(ii), does  it have to be 100% or more  “refundable” in order for the FNA requirement be exempted?  A  3. Yes.    For those refundable insurance policies which are not 100% refundable (e.g.  the amount refunded would be less than 100% if claims have...

... financing 提高對保險業打擊清洗黑錢及恐怖分子籌資活動的防範意識； 2. To enhance participants' understanding of the statutory obligations & practices of suspicious transaction reporting (STR) 了解法定義務及加強執行可疑交易報告； 3. To familiarize with the Guideline on Anti-Money Laundering and Counter-Terrorist Financing issued by the Insurance...

... policy documents to the licensed insurance intermediary? A2 The authorized insurer should provide the life insurance policy to the licensed insurance intermediary sufficiently in advance of the end of the “9 calendar day period” defined in Paragraph 5.5(a) of the Guideline. Q3 In respect to Paragraph 7.1...

... financing 提高對保險業打擊清洗黑錢及恐怖分子籌資活動的防範意識； 2. To enhance participants' understanding of the statutory obligations & practices of suspicious transaction reporting (STR) 了解法定義務及加強執行可疑交易報告； 3. To familiarize with the Guideline on Anti-Money Laundering and Counter-Terrorist Financing issued by the Insurance...

... policy documents to the licensed insurance intermediary? A2 The authorized insurer should provide the life insurance policy to the licensed insurance intermediary sufficiently in advance of the end of the “9 calendar day period” defined in Paragraph 5.5(a) of the Guideline. Q3 In respect to Paragraph 7.1...

... financing 提高對保險業打擊清洗黑錢及恐怖分子籌資活動的防範意識； 2. To enhance participants' understanding of the statutory obligations & practices of suspicious transaction reporting (STR) 了解法定義務及加強執行可疑交易報告； 3. To familiarize with the Guideline on Anti-Money Laundering and Counter-Terrorist Financing issued by the Insurance...

... referred to in Article 48 of the Amended Articles of Association of The Hong Kong Federation of Insurers. 1. 此乃獲保險業監督管局根據《保險公司業條例》（下稱《條例》）第 67 條認可，並根據香港保險業聯會（下稱「保聯」）《修訂章程細則》 （下稱《章程》）第 48 條編訂的《保險代理管理守則》（2010 年 3 月 1 日出版的第七版特別增補及更新資料的修訂）（下稱「本《守 則》」）。 Under clause 2: i. delete as shown on right-hand side ii....