... complex transactions with their origins elsewhere in the financial system. 1.14 Examples of the type of long term insurance contracts that are vulnerable as a vehicle for laundering money or financing terrorism are products such as: (a) unit-linked or with profit single premium contracts; (b) single...

... 1.14 Examples of the type of long term insurance contracts that are vulnerable as a vehicle for laundering money or financing terrorism are products such as: (a) unit-linked or with profit single premium contracts; (b) single premium life insurance policies that store cash value; (c) fixed and variable...

...  that  insurers  and  intermediaries  should ensure  that  the  recommended  policy  is  suitable  for  the  circumstances  (e.g.  needs,  affordability, etc) of the customer.      In  case  of  affordability  mismatch  (e.g.  the  customer  has  indicated  a  target  premium  term  of  10  years  but...

...  affordability  mismatch  (e.g.  the  customer  has  indicated  a  target  premium  term  of  10  years  but  is  recommended  a  product  with  whole‐of‐life  payment  term),  insurers  should  not  accept  the  application  even with  customer  declaration (including ILAS and non‐ILAS).              (as at 12...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... Non-Executive Directors 陳家殷先生 , JP Samuel Chan Ka-yan, JP 62,581 陳偉森教授 Professor Chan Wai-sum 62,581 張鳳婷女士 Chitty Cheung Fung-ting 62,581 郭振華先生 Kenneth Kwok Tsun-wa 62,581 馬豪輝先生 , SBS, JP Ma Ho-fai, SBS, JP 62,581 王建國先生 James Wong Chien-kuo 62,581 姚建華先生 Stephen Yiu Kin-wah 62,581 財務報表附註 NOTES TO THE FINANCIAL...

... restricted to: (i) premium monies required to be paid on behalf of client to insurers, reinsurers or other insurance intermediaries for the purchase of contracts of insurance; (ii) claim monies received on behalf of client and required to be paid to the claimant or the person entitled to receive them; (iii...

... restricted to: (i) premium monies required to be paid on behalf of client to insurers, reinsurers or other insurance intermediaries for the purchase of contracts of insurance; (ii) claim monies received on behalf of client and required to be paid to the claimant or the person entitled to receive them; (iii...

... QDAP has been hugely successful with 82,500 policies issued so 4 far and the total annualised premium of HK$6 billion. The average age of the persons taking up such policies is 48.5 years old, precisely the demographic at which QDAP is targeting. In QDAP, we see how the Government, the IA and the...