... Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) the extent of additional measures set out in the AMLO will depend on the nature and characteristics of the product or service requested and the assessed ML/TF risks presented by the customer. Paragraph 4.12.2 when taking supplementary measures...

... Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) the extent of additional measures set out in the AMLO will depend on the nature and characteristics of the product or service requested and the assessed ML/TF risks presented by the customer. Paragraph 4.12.2 when taking supplementary measures...

... respect of group risk (section 6.5) and the ORSA (section 9) shall apply to all authorized insurers (save for those exceptions set out in section 2.1 above). 2.3 An authorized insurer may rely on the ERM framework or policies of the group to which it belongs provided that the ERM framework or policies of...

... respect of group risk (section 6.5) and the ORSA (section 9) shall apply to all authorized insurers (save for those exceptions set out in section 2.1 above). 2.3 An authorized insurer may rely on the ERM framework or policies of the group to which it belongs provided that the ERM framework or policies of...

... for calling for additional contributions from, or reduction of benefits to, its members. 2.2 The minimum requirements on the ERM framework (section 6) and the ORSA (section 9) shall apply to all authorized insurers (save for those exceptions set out in section 2.1 above). 2.3 An authorized insurer may...

... measured in the previous steps, effective risk management policies and procedures must be established. Risk management is a top-down process and therefore the endorsement of top management is one of the key success elements of risk management policy. The policy must be set out clearly and properly...

... manage the risk identified and measured in the previous steps, effective risk management policies and procedures must be established. Risk management is a top-down process and therefore the endorsement of top management is one of the key success elements of risk management policy. The policy must be set...

... million with a budding middle class, and total GDP of US$1.7 trillion close to South Korea and Spain. The vision is set for a vibrant economic stronghold that provides anchorage for the other national strategy of the Belt and Road Initiative. Despite lingering doubts on the viability of these mammoth...

... middle class, and total GDP of US$1.7 trillion close to South Korea and Spain. The vision is set for a vibrant economic stronghold that provides anchorage for the other national strategy of the Belt and Road Initiative. Despite lingering doubts on the viability of these mammoth undertakings, the recent...

... minimum regulatory requirements on risk disclosure, including the requirements set out in the Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (“GL16”) issued by the IA. We consider, however, that improvements could be made on the granularity and adequacy of such...