... Medium High High ML Threats of Insurance Sector  Isolated cases involving proceeds of crime generated through theft or fraud of insurance agents or staff  Insurance was not used as a conduit to launder crime proceeds  Insurance being misused in laundering proceeds of crime or insurance products as...

... Medium High High ML Threats of Insurance Sector  Isolated cases involving proceeds of crime generated through theft or fraud of insurance agents or staff  Insurance was not used as a conduit to launder crime proceeds  Insurance being misused in laundering proceeds of crime or insurance products as...

... Meeting of the Working Group on Promoting Positive Image of Insurance Industry (16 Dec 2020) Programme rundown Download Presentation materials Topic: Building a Positive Image by Reinforcing Trust through Good Conduct and...

... Guidelines and Circulars Guideline on Anti-Money Laundering and Counter-Terrorist Financing (GL3) Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter-Terrorist Financing (GL3A...

... compliance with the suspicious transactions reporting requirements. A copy of such updated list with indicators relevant to the insurance industry is attached at Appendix 1 for your reference. Non-cooperative Countries and Territories (" NCCT ") Further to my letter of 10...

... Federation of Insurers (HKFI) • Covering a mix of large, medium and small insurers Pillar 1 Life (17) Pillar 1 General (17) Pillar 2 (17) Groups (10) Process for Development of QIS 1 Engagement with Industry 4 • 23 IFG meetings held from Nov 2016 to April 2017 • 27 papers on technical issues discussed...

... List of Captive Insurers Below is a list of captive insurers authorised to carry on insurance business in or from Hong Kong as at 30 June 2020: Name of Insurer CGN Captive Insurance...

... Meeting of the Working Group on Promoting Positive Image of Insurance Industry (5 Nov 2021) Programme rundown Download Presentation materials Topic: Public Empowerment - A win-win for policyholders and the insurance...

... Fund Schemes Authority, etc.) to the Insurance Authority.  If the nature of the complaint is such that it may be allocated to multiple categories, the case has been categorized based on the major category taking into account the overall nature of the complaint. Explanatory Note: (a) Representation of...

... Insurance Authority consults on the financial and other requirements for licensed insurance broker companies 23 November 2018 The Insurance Authority (IA) today (23 November 2018) launched a two-month public consultation on the draft Insurance...