... deficiencies in their anti-money laundering and combating the financing of terrorism (“AML/CFT”) regimes. The statement can be found on the website of FATF (http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/doc uments/public-statement-june-2017.html). (i) Jurisdiction subject to a...

... Insurance Authority (“IA”) has today issued a set of Interpretation Notes for Module C of the Guideline on Group Supervision to supplement the guidance provided to designated insurance holdings companies in Module C of the Guideline on Group Supervision (“GL32”) on the Insurance (Group Capital) Rules (Cap....

... Kong branch Ariel Syndicate 1910 of Lloyd’s Asia Insurance Company, Limited Assicurazioni Generali S.p.A. Hong Kong Branch AXA General Insurance Hong Kong Limited AXA XL, a division of AXA Group Bank of China Group Insurance...

... We are writing to inform you that the revised Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) has been published in the Gazette (G.N. 7778 of 2018) today. The revised GL3 will come into effect on 1 November 2018. A copy of the revised GL3 is attached at Appendix A (English...

...) announced today (21 February 2020) a set of temporary facilitative measures1 to reduce the risk of infection from face-to-face meetings between intermediaries and their clients. These temporary facilitative measures cover only Qualifying Deferred Annuity Policy and Voluntary Health Insurance...

... actuarial information submitted by individual insurers. From a sector-wide perspective, the level of total gross premiums reached $566.9 billion, showing a year-on-year growth of 10.2%. (Percentage changes in brackets in the following paragraphs represent changes over 2018) Long...

... Insurance Authority introduces further measures to facilitate purchase of all life insurance products online 4 March 2022 In view of the latest pandemic situation, the Insurance Authority (IA) today (4 March 2022) issued a circular to...

... Linked business, which recorded an increase of 4.7% and a decrease of 32.4% respectively. The total number of new policies increased by 2.4% to 1.3 million in 2019. Office premiums for new Individual Annuity business increased by 93.2% to HK$20,895 million. As at 31 December 2019, around 96,000...

... ng K ong Poli ce Fo rce For Trai ning Pur pose s On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit “ Hong Kong is known to be a conduit for mainland officials & businessmen to ‘cleanse’ illegitimate gains. As Beijing cracks down on corruption & excess across the mainland, Hong Kong has...

... ng K ong Poli ce Fo rce For Trai ning Pur pose s On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit “ Hong Kong is known to be a conduit for mainland officials & businessmen to ‘cleanse’ illegitimate gains. As Beijing cracks down on corruption & excess across the mainland, Hong Kong has...