... Banking and Insurance Regulatory Commission (CBIRC) that under the “China Risk Oriented Solvency System” (C-ROSS), when a Mainland insurer cedes business to a qualified Hong Kong professional reinsurer, the capital requirement of the Mainland insurer will be reduced (preferential treatment...

... and other jurisdictions to apply counter-measures Democratic People’s Republic of Korea (“DPRK”) The FATF remains concerned by the DPRK’s failure to address the significant deficiencies in its AML/CFT regime and the serious threat this poses to the integrity of the international financial system...

... intermediaries Promote proper conduct and practices Conduct studies, consider and propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance...

... intermediaries Promote proper conduct and practices Conduct studies, consider and propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance...

... Insurance veterans explore risks and opportunities arising from global climate change 19 January 2021 Climate change has been cited as a major threat to the global economy and the financial system as extreme natural hazards have become more common...

... intermediaries Promote proper conduct and practices Conduct studies, consider and propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance...