... developments: (1) FATF Public Statement The FATF issued an updated statement on 22 February 2019 identifying jurisdictions that have strategic deficiencies in their anti-money laundering and combating the financing of terrorism (“AML/CFT”) regimes. The statement can be found on the website of FATF (http...

... Force on Money Laundering (“FATF”) Further to our letter of 11 November 2016, we are writing to inform you of the following developments: (1) FATF Public Statement The FATF issued an updated statement on 24 February 2017 identifying jurisdictions that have strategic deficiencies in their anti-money...

... Understanding a Participating Policy How to choose a participating policy 1. Assess your personal needs You should carefully examine your objectives and protection needs before taking out a participating policy. If you would like to...

... 5 October 2018 Updated list of relevant persons and entities under the United Nations Sanctions (ISIL and Al-Qaida) Regulation List of relevant persons and entities 21 September 2018 United Nations Sanctions (Libya...

... Understanding Medical Insurance Case studies Acknowledgements are made to the Insurance Complaints Bureau (ICB) for permission to publish the following abstracts of real-life cases.   Case 1: Congenital condition...

... transparent manner, is particularly relevant in this respect, as it is from this that the principles and standards on claims handling in the IA’s Guidelines are drawn: 1) An authorized insurer should establish documented claims handling procedures with indicative time periods for handling...

... holder. You should carefully weigh the pros and cons of using premium financing and make the final decision based on your risk-tolerance level. Starting from 1 January 2023, all policy holders intending to use premium financing must read and sign the Important Facts Statement...