... senior political figure related Inconsistent with customer’s economic profile Pay premium of an insurance policy in large amount of cash Red Flags Red Flags –– Insurance SectorInsurance Sector ©Hong Kong Police Force香港警務處版權所有 Red Flags Red Flags –– Insurance SectorInsurance Sector Repeated and...

... Solvency requirements for long-term business are calculated with reference to the sum insured and policy reserves. Solvency requirements for general business are calculated with reference to the premium levels and claims outstanding. Substantial actuarial input is required in such calculations. The risk...

... roll out further measures to facilitate individual licensees’ ability to comply with CPD requirements. Details of such measures are set out below. Merger of the 2019/2020 and 2020/2021 CPD Assessment Periods The IA has decided to merge the CPD assessment period for 23 September 2019 to 31 July 2020...

... roll out further measures to facilitate individual licensees’ ability to comply with CPD requirements. Details of such measures are set out below. Merger of the 2019/2020 and 2020/2021 CPD Assessment Periods The IA has decided to merge the CPD assessment period for 23 September 2019 to 31 July 2020...

... Individual licensees must satisfy the CPD requirements set out in GL24: Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) in each Assessment Period. Please refer to the GL24 and its Interpretation Notes for details. For ease of reference, the CPD...

... appointment or two appointments for the purposes of the cap (which depends on whether the scope of the agent’s appointment is limited to one line of business or extended to both general business and long term business). The existing framework is currently set out in paragraphs 21-22 of the Code of Practice...

... abbreviations used in this Guideline shall be interpreted by reference to the definitions set out in the Glossary part of this Guideline. Interpretation of other words or phrases should follow those set out in the AMLO and the IO. 1.3 This Guideline is issued by the Insurance Authority for giving guidance to...

... 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 US Government has also added aliases to some existing designated foreign terrorist organizations listed under Details of Specially Designated Global Terrorist [SDGT] Entities. The designated foreign terrorist organizations and their newly added aliases are also set out in Annex. You...