... level in order to establish AML/CFT policies, procedures and controls commensurate with these risks since enactment of AMLO in 2012 • Large FIs have good understanding of their ML/TF risks and AML/CFT obligations • FIs are aware of the results of Hong Kong ML/TF Risk Assessment Mitigating measures...

... - 12. In order to assess clients’ needs, Members should ensure that they understand, among others, the clients’:- 12.1 existing and potential financial commitments (and liabilities) arising from his/her family and marital status, and from his/her own aspirations (or lifestyle), including but not limited...

... of Form 5 or equivalent but wishes to be registered with the Insurance Agents Registration Board (“IARB”) in order to be engaged in Restricted Scope Travel Business only (the “Applicant”); and B. facilitate the identification of the registration status of insurance agents, Responsible Officers and...

... expenditure incurred by households. In this Study, however, medical and education costs are extracted under certain conditions (details below) from the calculation of future household expenditure and treated as separate items, in order to allow more detailed discussion on these two expenditure components. V....

... expenditure incurred by households. In this Study, however, medical and education costs are extracted under certain conditions (details below) from the calculation of future household expenditure and treated as separate items, in order to allow more detailed discussion on these two expenditure components. V....

... relation to insurance claims. The IA cannot adjudicate insurance claims or order payment of compensation. It can, however, handle complaints related to the process by which claims are handled (e.g. delays in processing, lack of controls or weaknesses in governance, areas of inefficiency in the claims...

... annuity insurance policy has to satisfy in order to obtain the necessary certification from the IA to become a QDAP, the process for obtaining that certification and the ongoing requirements which authorized insurers have to meet in respect of the promotion, arrangement and administration of QDAPs. 1.5...

... contract and then issuing ILS to investors to collateralize the risk acquired. A company will need to meet certain requirements in order to be authorized by the IA as an SPI, including – (a) the company will be fully-funded, meaning that the full liabilities of the company to the cedant must be fully...