... specific rules are then derived from those general principles. There were views that prescriptive rules might contain loopholes or not be relevant to every situation and would hinder the ability of the insurance industry to evolve, adapt and innovate. IA’s response 8. We are pleased to note the broad...

... aimed to serve as a control to monitor the timely screening of PEPs by the Companies, was inadequate and deficient as certifications were made to indicate alerts had been cleared in a timely manner, despite there being backlogs. 8. Information on beneficial owners of customers was not subject to PEP...

...] Are the identification, quantification, monitoring and reporting, management review and actions, etc. of stages in risk assessment cycle in place? Overall on Section 8 [Please select] [Please explain] Overall on Section 9 [Please select] [Please explain] 4) What is your readiness status on the...

... Schedule 8 to the Criminal Procedure Ordinance (Cap. 221), a fine at level 5 is HK$50,000 at present. ...

... requirement S.25A(1) of Cap. 405 DTROP & Cap. 455 OSCO S.12(1) of Cap. 575 UNATMO Max. Penalty: Fine at Level 5 (HK$ 50,000) & 3 Months’ Imprisonment @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 • A legal requirement • Applied to all • Knowledge and...

... requirement S.25A(1) of Cap. 405 DTROP & Cap. 455 OSCO S.12(1) of Cap. 575 UNATMO Max. Penalty: Fine at Level 5 (HK$ 50,000) & 3 Months’ Imprisonment @H on g Ko ng P ol ic e Fo rc e fo r Tr ai ni ng P ur po se O nl y 香 港 警 務 處 版 權 所 有 只 作 培 訓 用 途 • A legal requirement • Applied to all • Knowledge and...