... to be implemented to secure the proper functioning of the captive, including policies, procedures and controls in relation to anti-money laundering (“AML”) and counter-financing of terrorism (“CFT”). [2: The captive is expected to have its own senior management team with a minimum of 4 professional...

... proposed to be implemented to secure the proper functioning of the captive, including policies, procedures and controls in relation to anti-money laundering (“AML”) and counter-financing of terrorism (“CFT”). 2 The captive is expected to have its own senior management team with a minimum of 4 professional...

..., the Guidelines issued by the IA, the anti-money laundering and counter-terrorist financing requirements (if applicable), and the conduct requirements for Mandatory Provident Fund business (if applicable).  There does not need to be any indication that an insurance broker company may be in...

... to be implemented to secure the proper functioning of the captive, including policies, procedures and controls in relation to anti-money laundering (“AML”) and counter-financing of terrorism (“CFT”). [2: The captive is expected to have its own senior management team with a minimum of 4 professional...

... proposed to be implemented to secure the proper functioning of the captive, including policies, procedures and controls in relation to anti-money laundering (“AML”) and counter-financing of terrorism (“CFT”). 2 The captive is expected to have its own senior management team with a minimum of 4 professional...

... Trafficking (Recovery of Proceeds) Ordinance (DTROP, Cap. 405) Organized & Serious Crimes Ordinance (OSCO, Cap. 455) United Nations (Anti-Terrorism Measures) Ordinance (UNATMO, Cap. 575) AML & Counter-Terrorist Financing (Financial Institutions) Ordinance (AMLO, Cap 615) 1989 1994 2002 2012 ©Hong Kong Police...

... contacts the insurer about his/her policy status; • This mixing of monies by the agent may, depending on the circumstances, prompt anti-money laundering enquiries from the Joint Financial Intelligence Unit; and • In extreme cases, the agent may misappropriate the premium monies and disappear with it....

... contacts the insurer about his/her policy status; • This mixing of monies by the agent may, depending on the circumstances, prompt anti-money laundering enquiries from the Joint Financial Intelligence Unit; and • In extreme cases, the agent may misappropriate the premium monies and disappear with it....

... CONTENTS 2 5 8 10 18 20 51 54 57 60 61 64 69 73 91 CHAIRMAN’S MESSAGE CEO’S MESSAGE ABOUT THE INSURANCE AUTHORITY CORPORATE GOVERNANCE HIGHLIGHTS OF THE YEAR OPERATIONAL REVIEW Market Overview Supervision of Insurers Market Development Supervision of Intermediaries Anti-Money Laundering and...

... CONTENTS 2 5 8 10 18 20 51 54 57 60 61 64 69 73 91 CHAIRMAN’S MESSAGE CEO’S MESSAGE ABOUT THE INSURANCE AUTHORITY CORPORATE GOVERNANCE HIGHLIGHTS OF THE YEAR OPERATIONAL REVIEW Market Overview Supervision of Insurers Market Development Supervision of Intermediaries Anti-Money Laundering and...