... country • Customers are legal persons whose structure hard to identify ultimate BO 香港 警察 擁有 這份 資料 的版 權 Joint Financial Intelligence Unit Reporting of STR • How to file a STR? (Risk-based assessment) – Suspicious Transaction Report And Management System (“STREAMS”) ( e-Reporting) Since 2006 – Email – Fax...

... / Corporate from high-risk country?  No known nexus with Hong Kong?  Complex corporate structure (obscuring ultimate beneficial ownership)? Transaction  Payment from 3rd party / cashier order?  Unusual high/ low payment?  Unexpected amount of transactions ?  Transacted with unrelated parties...

...% Macao US$ 4,182 5.4% Hong Kong US$ 6,155 13.4% Greater Bay Area – Quick facts about insurance Population: 69 million GDP: US$1.5 trillion (12% of the country’s GDP) Movement of personnel, goods and capital Greater Bay Area – Financial Connectivity Source of photo: https://www.bayarea.gov.hk/ Greater Bay...

... country • Customers are legal persons whose structure hard to identify ultimate BO 香港 警察 擁有 這份 資料 的版 權 Joint Financial Intelligence Unit Reporting of STR • How to file a STR? (Risk-based assessment) – Suspicious Transaction Report And Management System (“STREAMS”) ( e-Reporting) Since 2006 – Email – Fax...

... / Corporate from high-risk country?  No known nexus with Hong Kong?  Complex corporate structure (obscuring ultimate beneficial ownership)? Transaction  Payment from 3rd party / cashier order?  Unusual high/ low payment?  Unexpected amount of transactions ?  Transacted with unrelated parties...

..., drug trafficking, an indictable offence1 (which includes an offence under section 4 of the WMD(CPS)O) or is terrorist property respectively. Inclusion of a country, individual, entity or activity in a UNSC sanctions resolution or sanctions list may constitute grounds for knowledge or suspicion for the...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

...) name and address of the insurer not authorized in Hong Kong; (b) country of incorporation of the insurer not authorized in Hong Kong and whether that country has a compatible system for supervision of insurers; (c) financial standing of the insurer not authorized in Hong Kong; (d) which country’s law...

... contracts; (b) risks in relation to politically exposed persons (PEPs); and (c) terrorism and TF risks as shipments may be diverted. Country risk 2.8 An FI should pay particular attention to countries or geographical locations of operation with which its customers and intermediaries are connected where they...

... & training 5 Chapter 3 Chapter 3 –– RiskRisk--Based ApproachBased Approach 3.4, 3.6: assess ML/TF risks of customers by assigning a risk rating to the customers; adjust risk assessment from time to time 3.5: consider risk factors: - country - customer - product/service - delivery/distribution channel 3.8...