... member, together with evidence that the immediate family member resides at the same address (for persons such as students and housewives who are unable to provide proof of address of their own name); (g) mobile phone or pay TV statement (sent to the address provided by the customer) issued within the...

... its capital needs. An insurer is generally expected to develop an internal economic capital measure or model6 based on its own specific circumstances that may cover more widely than the regulatory capital requirements. 6.2.4 Where an insurer prepares internal economic capital measurements, its target...

... Approach to determining regulatory capital requirements 4.5.1 There are two broad approaches which may be adopted to determine regulatory capital requirements i.e. a standardized approach (typically a risk- factor based approach or a specified stress-test based approach) or an internal model (either...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... Secretary, the Hon Paul Chan. The third panel session led by the Chairman of the Cyberport, Dr George Lam is an interesting one featuring four virtual insurers authorised by the IA under Fast Track since December 2018, each moulding its bespoke competitive edge and business model. So there is a lot to keep...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... any risk interdependencies. 6.2.7 Where a model is used in ERM, an authorized insurer should give consideration to the following factors: (a) the complexity of the model, which should be commensurate with the nature, scale and complexity of risks taken; (b) the expertise required in complex modelling...

... any risk interdependencies. 6.2.7 Where a model is used in ERM, an authorized insurer should give consideration to the following factors: (a) the complexity of the model, which should be commensurate with the nature, scale and complexity of risks taken; (b) the expertise required in complex modelling...

... does not necessarily refers to models used to determine capital requirements. For example, credit risk models can be used to monitor and manage credit risk as well as contribute to the determination of the Pillar 2 Capital amount. 6.2.8 Where a model is used in ERM, an authorized insurer should give...