... to facilitate the performance of their respective duties and to promote the safe and sound functioning of insurance institutions with cross-border establishments in their respective jurisdictions. 2. The Authorities express, through this understanding, their willingness to cooperate with each other...

... obtained Approvals only obtained after establishing the business relationship Recommendations:  Pay special attention to higher ML/TF risk situations  Ensure appropriate measures in place to obtain approvals timely – EDD Measures for High Risk Customers 11 2. Compliance Functions Findings: AML/CFT...

... public from tomorrow (2 December 2020) until further notice. However, enquiry and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff...

... in-force long term business were $280.3 billion in the first half of 2020 (increased by 5.6%), mainly comprising $237.9 billion from Individual Life and Annuity (Non-Linked) business (increased by 2.5%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 8%), as well as $26.1...

..., directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights at general meetings of the company; or (iii) exercises ultimate control over the management of the company. 2 Form S6 II. Other Licence(s) Granted by Financial Regulators Please provide the...

..., directly or indirectly, entitled to exercise or control the exercise of not less than 15% of the voting rights at general meetings of the company; or (iii) exercises ultimate control over the management of the company. 2 Form S6 II. Other Licence(s) Granted by Financial Regulators Please provide the...

... applied against insurance intermediaries. Pursuant to s. 113 of Part 6 of the new Schedule 11 to the Ordinance, the IA may take one or more of the following actions with regard to any cases transferred from the SROs: Directing that a statutory investigation be...

... the International Association of Insurance Supervisors (“IAIS”) 11 November 2021 Updated list of relevant persons and entities under the United Nations Sanctions (Yemen) Regulation 2019  List of relevant...

... 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...