... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... medical insurance business. GL31 provides guidance on the standards and practices which are expected to be met in order to ensure fair treatment of customers across all aspects of medical insurance business, including selling, handling claims, after-sales, and the handling of complaints. ...

... the convergence of the financial services and the globalization of insurance business, it is essential for financial regulators to have enhanced cooperation and information sharing in order to improve their effectiveness in administering and enforcing the insurance laws of their respective...

... of the reinsurance program should be subject to regular reviews to ensure that it functions as intended and continues to meet its strategic objectives. 4.6 Underwriting control system should be put in place to ensure that all underwriting is carried out in accordance with the company policy and that...

... and other jurisdictions to apply counter-measures Democratic People’s Republic of Korea (“DPRK”) The FATF remains concerned by the DPRK’s failure to address the significant deficiencies in its AML/CFT regime and the serious threat this poses to the integrity of the international financial system...

... intermediaries Promote proper conduct and practices Conduct studies, consider and propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance...

... intermediaries Promote proper conduct and practices Conduct studies, consider and propose related law reforms Revise and propose reforms of the regulatory system Facilitate sustainable market development and promote competitiveness of the industry Engage with the public for better understanding of insurance...