... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

... a decrease of total gross premiums by 7.7% to $556 billion over 2021. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long term business were $491.4 billion in 2022 (decreased by 9.1...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

... Source: Swiss Re Economic Research & Consulting. The Belt and Road Initiative (BRI) is not a new concept but re-focusing on Connectivity 5 Five Areas of Connectivity: • Policy coordination • Facilities connectivity • Unimpeded trade • Financial integration • People-to-people bond Government support...

... Source: Swiss Re Economic Research & Consulting. The Belt and Road Initiative (BRI) is not a new concept but re-focusing on Connectivity 5 Five Areas of Connectivity: • Policy coordination • Facilities connectivity • Unimpeded trade • Financial integration • People-to-people bond Government support...

... Source: Swiss Re Economic Research & Consulting. The Belt and Road Initiative (BRI) is not a new concept but re-focusing on Connectivity 5 Five Areas of Connectivity: • Policy coordination • Facilities connectivity • Unimpeded trade • Financial integration • People-to-people bond Government support...

... I write to inform you of the imposition of counter-measures on Myanmar by the Financial Action Task Force ("FATF"). Myanmar was identified as a non-cooperative country or territory ("NCCT") in the fight against money laundering in June 2001. Since then, Myanmar has...

... establishment of a new statutory licensing regime for insurance intermediaries.  Upon the commencement of section 74 of the Amendment Ordinance, on a date to be published in Gazette, the Insurance Authority (“IA”) will take over the regulatory functions from the SROs to license and...

... appointed under the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“the Guideline”) As you are aware, under paragraph 3.7 of the Guideline, the senior management of an authorized insurer carrying on long term business (“insurer”) should appoint a Compliance Officer (“CO”) at the...