... for this purpose. 2 A 32A As part of the FNA process, licensed insurance intermediaries should perform analysis on the customer’s insurance, financial and investment needs and carry out adequate due diligence to establish that: a) the customer is a PI who has overseas residency (unless such customer...

...”, together as “Parties”) to enable the IA (with consent from the complainant) to refer relevant claim-related complaints to the ICB for adjudication. II. Functions of the IA 2. The principal function of the IA under the Insurance Ordinance (Cap. 41) (“IO”) is to regulate and supervise the insurance industry...

... engaging in Restricted Scope Travel Business, who provides face-to-face insurance service at service desks or counters, if he does not show his name and registration number, whether printed or in handwriting, on receipts for premium on travel insurance directly arranged by him for his clients. - 2 - Notice...

... 2) An authorized insurer should provide policyholders with clear guidance on what information needs to be submitted when making a claim  Insurers should provide clear guidance to policyholders on what information needs to be submitted when making a claim under an insurance policy...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...

...; Frequently Asked Questions in relation to Anti-Money Laundering and Counter-Terrorist Financing Attachment: Appendix A, Appendix B, Appendix C 2 May 2023 United Nations (Anti-Terrorism Measures) Ordinance   G.N. (E.) 58 of...

... are recommended to purchase both types of insurance at the same time, if needed. Nowadays, most home insurance policies cover “building structure” or include it as an optional benefit. Case 2: Burglary while travelling The owner, Mr. Chan, and his family travelled...

... on Schedule 2 to the AMLO • Relaxing the threshold of defining beneficial ownership from the current “not less than 10%” to “more than 25%” • Introducing flexibility to measures permitted to be taken for verifying a customer’s identity Anti-Money Laundering and Counter-Terrorist Financing (Financial...