... its capital needs. An insurer is generally expected to develop an internal economic capital measure or model6 based on its own specific circumstances that may cover more widely than the regulatory capital requirements. 6.2.4 Where an insurer prepares internal economic capital measurements, its target...

... the briefing sessions will be announced as soon as practicable. In the meantime, if there are any queries on specific points of the requirements, please send in by writing to the CIB Secretariat (by fax: 2890 2137 or email: info@hkcib.org). The queries will be carefully considered and will be...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... Secretary, the Hon Paul Chan. The third panel session led by the Chairman of the Cyberport, Dr George Lam is an interesting one featuring four virtual insurers authorised by the IA under Fast Track since December 2018, each moulding its bespoke competitive edge and business model. So there is a lot to keep...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

...’, ‘Ask’, ‘Find’ were completed? – Is sufficient info. to support suspicion? – Having considered all circumstances, can the suspicion/risk be eliminated? – If conclusion = genuinely suspicious  File an STR香港 警察 擁有 這份 資料 的版 權 Joint Financial Intelligence Unit Reporting of STR 香港 警察 擁有 這份 資料 的版 權 Joint...

...’, ‘Ask’, ‘Find’ were completed? – Is sufficient info. to support suspicion? – Having considered all circumstances, can the suspicion/risk be eliminated? – If conclusion = genuinely suspicious  File an STR香港 警察 擁有 這份 資料 的版 權 Joint Financial Intelligence Unit Reporting of STR 香港 警察 擁有 這份 資料 的版 權 Joint...

...’, ‘Ask’, ‘Find’ were completed? – Is sufficient info. to support suspicion? – Having considered all circumstances, can the suspicion/risk be eliminated? – If conclusion = genuinely suspicious  File an STR香港 警察 擁有 這份 資料 的版 權 Joint Financial Intelligence Unit Reporting of STR 香港 警察 擁有 這份 資料 的版 權 Joint...

... any risk interdependencies. 6.2.7 Where a model is used in ERM, an authorized insurer should give consideration to the following factors: (a) the complexity of the model, which should be commensurate with the nature, scale and complexity of risks taken; (b) the expertise required in complex modelling...