... Appendix A GL3 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers, reinsurers, appointed insurance agents and authorized insurance brokers carrying on or advising on long term business) Insurance Authority June 2017March 2018 Contents Page Chapter 1 Overvie...

... on Insurance Premium (Version 1.5) Page 8 the purpose of preparing the annual remittance report and whether such report has been properly prepared, in all material respects, from the records of the insurer. 24. An insurer is required to submit the audited remittance report together with the auditor’s...

... material respects, from the records of the insurer. 24. An insurer is required to submit the audited remittance report together with the auditor’s report thereon along with its annual business returns14. The content and the format of the annual remittance report are set out in Annex M. Auditors are...

... material respects, from the records of the insurer. 24. An insurer is required to submit the audited remittance report together with the auditor’s report thereon along with its annual business returns14. The content and the format of the annual remittance report are set out in Annex M. Auditors are...

... assessment every two years and upon trigger events7 which are material to the II’s business and risk exposure. New products, new business practices and use of new technologies 2.10 An II should identify and assess the ML/TF risks that may arise in relation to: (a) the development of new products and new...

... assessment every two years and upon trigger events7 which are material to the II’s business and risk exposure. New products, new business practices and use of new technologies 2.10 An II should identify and assess the ML/TF risks that may arise in relation to: (a) the development of new products and new...

... conduct its assessment every two years and upon trigger events5 which are material to the II’s business and risk exposure. New products, new business practices and use of new technologies 2.10 An II should identify and assess the ML/TF risks that may arise in relation to: (a) the development of new...

... assessment every two years and upon trigger events7 which are material to the II’s business and risk exposure. New products, new business practices and use of new technologies 2.10 An II should identify and assess the ML/TF risks that may arise in relation to: (a) the development of new products and new...

... appetite. 3 Effective date Given that the SFC has adopted a phased approach in their implementation timeline, Member Companies who sell ILAS products are required to implement these updated Requirements as soon as their revised existing ILAS material are vetted by the SFC and in any event no later than 24...

... analysing critical areas to ensure that insurers comply with solvency standards and other requirements specified in the ICO. The examination focuses on key risks that have material impact on the financial strength and sustainability of an insurer, with due emphasis placed on adequacy of paid-up capital...