Insurance Authority - Search Results

[HTML] Insurance Authority reprimands and fines broker companies $190,000 for failure to keep separate client accounts and maintain proper books and records

... accounts and the maintenance of proper books and records are fundamental and imperative policyholder protection measures. Insurance broker companies act as the agents of, and owe fiduciary duties to the policyholders they serve. When a broker company collects and holds monies on behalf of its clients, it...

https://www.ia.org.hk/english/infocenter/press_releases/20230330.html - Date: 2023-03-30

[PDF] Appendix_A.PDF

... the person and take reasonable measures to verify the person’s identity using reliable and independent source documents, data or information; and (ii) verify the person’s authority to act on behalf of the customer (see paragraphs 4.4). 4.1.4 The term “customer” is not defined in the AMLO to include a...

https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/Appendix_A.PDF - Date: 2019-02-01

[HTML] Cross-Agency Steering Group announces key initiatives to support Hong Kong in capitalising sustainable finance opportunities

... Cross-Agency Steering Group announces key initiatives to support Hong Kong in capitalising sustainable finance opportunities 8 January 2024 The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) met on 8 January 2024 (today...

https://www.ia.org.hk/english/infocenter/press_releases/20240108.html - Date: 2024-01-09

[PDF] Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf

... 2012 Source: FATF https://www.fatf-gafi.org/about/whatwedo/ Objective and tasks of the FATF Identifying and analyzing threats to the integrity of the international financial systems Promoting and monitoring implementation of the FATF Recommendations Identifying and engaging with high risk countries and...

https://www.ia.org.hk/english/supervision/antimoney_laundering/files/Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf - Date: 2021-11-12

[PDF] Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf

... 2012 Source: FATF https://www.fatf-gafi.org/about/whatwedo/ Objective and tasks of the FATF Identifying and analyzing threats to the integrity of the international financial systems Promoting and monitoring implementation of the FATF Recommendations Identifying and engaging with high risk countries and...

https://www.ia.org.hk/english/supervision/antimoney_laundering/files/Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf - Date: 2022-04-27

[PDF] Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf

... 2012 Source: FATF https://www.fatf-gafi.org/about/whatwedo/ Objective and tasks of the FATF Identifying and analyzing threats to the integrity of the international financial systems Promoting and monitoring implementation of the FATF Recommendations Identifying and engaging with high risk countries and...

https://www.ia.org.hk/english/supervision/antimoney_laundering/files/Mutual_Evaluation_Report_of_Hong_Kong_2019.pdf - Date: 2019-11-05

[PDF] 1_CIB_GN12_on_Product_Recommend_Includ_LLT_v1_18_12_2014_eg19.pdf

... the insurance industry at large, provisions in its Section 7 (Suitability Assessment) and Section 8 (Advice to Client) are of relevance to the business conduct of insurance brokers. This CIB Guidance Note is issued to reflect the additional requirements arising therefrom on the product recommendation...

https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN12_on_Product_Recommend_Includ_LLT_v1_18_12_2014_eg19.pdf - Date: 2019-12-20

[HTML] Insurance Authority hosts housewarming reception in its new office

... Hong, Deputy Director of the Liaison Office of the Central People's Government in the HKSAR, Mr Bernard Chan, Convenor of the Executive Council’s Non-official Members, Mr James Lau, Secretary for Financial Services and the Treasury and the Most Reverend Dr Paul Kwong, Archbishop of Hong Kong....

https://www.ia.org.hk/english/infocenter/press_releases/Insurance_Authority_hosts_housewarming_reception_in_its_new_office.html - Date: 2018-07-10

[PDF] ppt20161201-2.pdf

... Notice All rights, including copyright, in this PowerPoint file are owned and reserved by the Hong Kong Police Force. Unless prior permission in writing is given by the Commissioner of Police, you may not use the materials other than for your personal learning and in the course of your official duty. 重要...

https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20161201-2.pdf - Date: 2021-11-12

[PDF] ppt20161201-2.pdf

... Notice All rights, including copyright, in this PowerPoint file are owned and reserved by the Hong Kong Police Force. Unless prior permission in writing is given by the Commissioner of Police, you may not use the materials other than for your personal learning and in the course of your official duty. 重要...

https://www.ia.org.hk/english/supervision/antimoney_laundering/files/ppt20161201-2.pdf - Date: 2022-04-27