...) CONDUCT IN FOCUS 3 Complaint Statistics Complaints received by the IA by category from 1st January 2020 to 31st December 2020 from 1st January 2021 to 31st March 2021 The IA received 1,494 complaints during the period from 1st January to 31st December 2020, and 348 complaints during the period from 1st...

...) CONDUCT IN FOCUS 3 Complaint Statistics Complaints received by the IA by category from 1st January 2020 to 31st December 2020 from 1st January 2021 to 31st March 2021 The IA received 1,494 complaints during the period from 1st January to 31st December 2020, and 348 complaints during the period from 1st...

... potential market malpractice, but also enable prospective policy holders to make informed decisions. Following the implementation of GL15, an additional illustration rate of zero investment return (0%) was also required from January 2015 on top of the illustration rates of 3%, 6% and 9% as set in...

... Insurance Authority and Investor and Financial Education Council. All rights reserved. www.thechinfamily.hk [email protected] www.ifec.org.hk Website: www.ia.org.hk Tel: (852) 3899 9983 Email: [email protected] A B 1 2 3 Tips on buying insurance Suitability Protection amount A�ordability Consider...

... supports the FSTB in conducting the territory-wide ML/TF Risk Assessment 3© HONG KONG POLICE FORCE 香 港 警 務 處 版 權 所 有 Overall ML / TF Risk 4© HONG KONG POLICE FORCE 香 港 警 務 處 版 權 所 有 ML Risk Medium High TF Risk Medium Low 5© HONG KONG POLICE FORCE 香 港 警 務 處 版 權 所 有 Sectoral Risk • 12 sectoral assessments...

... purposes without the OCI’s prior written consent. 2 AML/CFT Systems and Senior Management Oversight How well do insurance institutions understand their ML/TF risks and apply mitigating measures commensurate with their risks? 3 AML/CFT Systems and Senior Management Oversight 4 Country risk – whether...

... under the new Voluntary Health Insurance Scheme and deferred annuity products, and the offering of a new life annuity product for people aged 65 or above 3 by a government-owned insurer. I look forward to learning about similar initiatives being undertaken in other jurisdictions later this morning....

..., including new licensing and conduct requirements, transitional arrangements and transfer of data. We are now under a very tight timeframe with just 20 months ahead of us. We hope 3 the CIB will continue to give us staunch support in preparing for the new regime, in particular the transfer of data and...

... under the new Voluntary Health Insurance Scheme and deferred annuity products, and the offering of a new life annuity product for people aged 65 or above 3 by a government-owned insurer. I look forward to learning about similar initiatives being undertaken in other jurisdictions later this morning....

... premiums will decline by 3 0.1%, while total sum of related claims could eventually balloon to a mind- boggling US$100 billion. The insurance industry in Hong Kong is not immune, with latest statistics showing that premium growth for the first three quarters of 2020 had slowed down to 5.5%. New business...