... Note Internal Rate of Return (IRR) The result of QDAP available options is sorted in descending order determined by the primary parameter of the maximum percentage of guaranteed IRR is based upon information provided by the relevant insurers without independent...

... kind of customer, business relationship, product and transaction, to establish and maintain effective procedures not inconsistent with AMLO for the purpose of carrying out the duties under (inter alia) sections 10 and 15 of Schedule 2 to AMLO. (c) Section 10 of Schedule 2 to AMLO set out special...

... extended beyond the original date of 31 December 2003. You will be advised of the revised implementation date when further developments are made in the international arena. In the meantime, you are required to adhere to the requirements set out in the Guidance Note on Prevention of Money Laundering issued...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... the financial year ended 31 December 2020. As this is the first set of Prescribed Scenarios under the GL21, we will review the Prescribed Scenarios for the next ORSA Report and may revise some of the scenarios in future having regard to market conditions. We take this opportunity to thank the...

... under the Insurance Ordinance (Cap. 41) Requirements for a Licensed Insurance Broker Company Appointment of a Responsible Officer approved by the IA Maintenance of a client account with a bank in Hong Kong Compliance with the requirements set...

... development of the ILS market in Hong Kong, the two-year Pilot ILS Grant Scheme was announced in the 2021-22 Budget. The Scheme offers grants to eligibly ILS issuances in Hong Kong to cover up to 100% or HK$ 12 million of upfront costs. Details of the Pilot ILS Grant Scheme are set out in the...

... Authorities have established Innovation Functions in order to do so: 2.1.1. The FCA launched 'Project Innovate' in October 2014, with the objective of encouraging innovation in financial services in the interests of consumers by supporting Innovator Businesses with a range of services. This is closely tied to...

... intelligence and distributed ledger technology. 4 2. Introduction 2.1. The Authorities share a mutual desire to stay abreast of innovation in financial services in their respective markets. Both Authorities have established Innovation Functions in order to do so: 2.1.1. Following the launch, in October 2014...

... established Innovation Functions in order to do so: 2.1.1. The GFSC established an Innovate and Create Team in February 2016 as part of the GFSC’s commitment to supporting both existing licensees and those looking to take their first steps into the financial services sector – either as a financial services...