... Administrative Region 24 Observation • Inadequate training to staff to maintain their AML/CFT knowledge and competence • Training records showing who have been trained, when the staff received training and the type of the training provided were not kept (Ref: Guideline paragraph 9.3 & 9.9) Office of the...

...; Size and type of insurance business, and targeted users. While external customers serving as users of the trial can give live and real data for the initiative under trial, other types of users, e.g. selected group of staff of the authorized insurer may also serve the purpose of testing under the...

... Administrative Region 24 Observation • Inadequate training to staff to maintain their AML/CFT knowledge and competence • Training records showing who have been trained, when the staff received training and the type of the training provided were not kept (Ref: Guideline paragraph 9.3 & 9.9) Office of the...

... warning statement to safeguard the Member’s own interest. Identification 8. Common personal particulars should be recorded, and whenever necessary verified, for identification purpose. They should include but not limited to: full name, date of birth, nationality, identity document type and number...

... the Legislative Council (“LegCo”) in July 2020 to provide for a bespoke regulatory framework for the issuance of ILS in Hong Kong through the formulation of special purpose insurers (“SPIs”), which will be a new type of authorized insurer under the Insurance Ordinance (Cap. 41) (“the Ordinance”). 2....

... the various products. It must be noted that insurers generally differ from each other in various degrees in the policy wording and terms adopted for the same type of insurance. From a practical point of view, we shall present in these notes what may be considered a representative summary of the...

... wording and terms adopted for the same type of insurance. In these notes, therefore, we shall present what may be considered a representative summary of the particular types of business. Insurance intermediaries should check specifically with the insurers regarding exact policy wording and available...

... professional insurance intermediary to have a working knowledge of the various products. It must be noted that insurers generally differ from each other in the policy wording and terms adopted for the same type of insurance. In these notes, therefore, we shall present what may be considered a representative...

... wording and terms adopted for the same type of insurance. In these notes, therefore, we shall present what may be considered a representative summary of the particular types of business. Insurance intermediaries should check specifically with the insurers regarding exact policy wording and available...