... person was a regulated person; or (c) the IA is of the opinion that: (i) at the time when the person is a regulated person, the person is not a fit and proper person; or (ii) at a time when the person was a regulated person, the person was not a fit and proper person. 1.3. Under section 83 of the...

... Insurance Authority Encl. c.c. Chairman, The Hong Kong Federation of Insurers [aml_tec-6-45_CE_20171011/em] 4 The Bill is being scrutinized by the Legislative Council. Appendix Summary of relevant paragraphs of the AML Guideline that will be amended AML Guideline Reference Current Requirements Proposed...

... be denied. Note: Technically the description of “all risks” is not totally correct, since there must be some excluded risks (that is why this term is sometimes expressed in inverted commas). (c) Fundamental Risks Put simply, a fundamental risk is basically one whose causes are outside the control of...

... the individual or his family); or (c) emotional: feelings of grief and sorrow. Only the first two types of risks are likely to be (commercially) insurable risks. Also, from a wider perspective, not every risk will be seen in the negative form we have just outlined (see 1.1.2a below). Note: Without...

... personal injury (often having financial consequences for the individual or his family); or (c) emotional: feelings of grief and sorrow. Only the first two types of risks are likely to be (commercially) insurable risks. Also, from a wider perspective, not every risk will be seen in the negative form we have...

... GL16 GUIDELINE ON UNDERWRITING LONG TERM INSURANCE BUSINESS (OTHER THAN CLASS C BUSINESS) Insurance Authority Contents Page 1. Introduction………………………………………………. 1 2. Relevant Regulatory Documents…………………………. 1 3. Purpose…………………………………………………… 2 4. Duties of the Board of Directors, the Controller and...

... Administrative Region Chapter 4 – CDD measures 4.1.3 : CDD measures a. customer b. beneficial owner (BO) c. purpose & intended nature of the business relationship (unless obvious) d. persons purports to act on behalf of the customer e. beneficiary (4.4a.1) Appendix A: reliable and independent source documents...

... Diligence 18 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 4 Chapter 4 –– CDD measuresCDD measures 4.1.3: CDD measures a. customer b. beneficial owner (BO) c. purpose & intended nature of the business relationship (unless obvious) d. persons...

... Administrative Region Chapter 4 – CDD measures 4.1.3 : CDD measures a. customer b. beneficial owner (BO) c. purpose & intended nature of the business relationship (unless obvious) d. persons purports to act on behalf of the customer e. beneficiary (4.4a.1) Appendix A: reliable and independent source documents...

... Diligence 18 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter 4 Chapter 4 –– CDD measuresCDD measures 4.1.3: CDD measures a. customer b. beneficial owner (BO) c. purpose & intended nature of the business relationship (unless obvious) d. persons...