...) Limited) and Metropolitan Life Insurance Company of Hong Kong Limited (now named FWD Life Assurance Company (Hong Kong) Limited) (collectively referred to as the “Companies” in this Statement): (a) reprimanded the Companies, pursuant to section 21(2)(a) of the Anti-Money Laundering and Counter-Terrorist...

... 30 September 2020 Our Ref: INS/TEC/10/48 By Email To: Chief Executives of all authorized insurers Dear Sirs, iAM Smart Pilot Sandbox Programme - Phase 2 Further to our previous circular in August regarding the iAM Smart Pilot Sandbox Programme (the “Pilot Sandbox”) by Cyberport, we would like to...

... 30 September 2020 Our Ref: INS/TEC/10/48 By Email To: Chief Executives of all authorized insurers Dear Sirs, iAM Smart Pilot Sandbox Programme - Phase 2 Further to our previous circular in August regarding the iAM Smart Pilot Sandbox Programme (the “Pilot Sandbox”) by Cyberport, we would like to...

...,051 - 336,512 2,197 - 4,574 - - - - - - - - - - - - - - - - - 750 - - - - - - 166,872 46,390 1,100,728 1,147 - 16 45,009 - 162,731 126,526 - 22,806 - - - - - - - - - - - - 18,220 - 44,375 4,945 - 885 2,565 - 104,450 27,646 9,307 100,061 - - - - - - 15,128 - 23,547 5,371 - 541 3,064 - 63,186 31,211 10...

... or encouraged other regulated persons or other persons to engage in the conduct or the same type of conduct; and − the individual’s experience in the industry and, if the individual is a person referred to in paragraph 2.1(c) above, the individual’s position within the firm. 4 (b) The behavior of the...

... or encouraged other regulated persons or other persons to engage in the conduct or the same type of conduct; and − the individual’s experience in the industry and, if the individual is a person referred to in paragraph 2.1(c) above, the individual’s position within the firm. 4 (b) The behavior of the...

... assessment of risks supported by qualitative and quantitative analysis • Information obtained from internal and external sources Consider relevant risk factors 2 • For determining the overall risk level and appropriate level and type of mitigation to be applied Obtain senior management’s approval 3 • e.g....

... assessment of risks supported by qualitative and quantitative analysis • Information obtained from internal and external sources Consider relevant risk factors 2 • For determining the overall risk level and appropriate level and type of mitigation to be applied Obtain senior management’s approval 3 • e.g....

... assessment of risks supported by qualitative and quantitative analysis • Information obtained from internal and external sources Consider relevant risk factors 2 • For determining the overall risk level and appropriate level and type of mitigation to be applied Obtain senior management’s approval 3 • e.g....

... mitigating measures9. 2.13 Based on a holistic view of the information obtained in the context of the application of CDD measures, an II should be able to finalise the customer risk assessment10, which determines the level and type of ongoing monitoring (including ongoing CDD and 7 Examples include...