... global financial system which operates round the clock. Hong Kong also provides an important gateway to the Mainland China economy and financial system. The financial sector employs 246,000 people, accounting for 6.5% of the city’s total workforce, and 16.6% of its GDP. Hong Kong was the world’s seventh-...

... global financial system which operates round the clock. Hong Kong also provides an important gateway to the Mainland China economy and financial system. The financial sector employs 246,000 people, accounting for 6.5% of the city’s total workforce, and 16.6% of its GDP. Hong Kong was the world’s seventh-...

... (discussed in Chapter 4) Capital adequacy  Total balance sheet approach should be adopted.     6  Target criteria for : - Prescribed Capital Requirement (PCR) – should be aligned to a minimum investment grade, i.e. value-at-risk (VaR) is calculated at a confidence level of 99.5% over one-year time horizon....

... from 1 April 2016 to 31 March 2017, a total of eight board meetings were held. Membership of the IA is at Appendix B. 保監局主席及七位非執行董事。後排左起 : 郭振華先生，姚建華先生，陳家殷先生，陳偉森教授； 前排左起 : 馬豪輝先生，鄭慕智博士 (主席 )，王建國先生，張鳳婷女士。 The IA Chairman and the seven Non-Executive Directors. Rear (from left): Mr Kenneth Kwok, Mr Stephen...

... from 1 April 2016 to 31 March 2017, a total of eight board meetings were held. Membership of the IA is at Appendix B. 保監局主席及七位非執行董事。後排左起 : 郭振華先生，姚建華先生，陳家殷先生，陳偉森教授； 前排左起 : 馬豪輝先生，鄭慕智博士 (主席 )，王建國先生，張鳳婷女士。 The IA Chairman and the seven Non-Executive Directors. Rear (from left): Mr Kenneth Kwok, Mr Stephen...

... from 1 April 2016 to 31 March 2017, a total of eight board meetings were held. Membership of the IA is at Appendix B. 保監局主席及七位非執行董事。後排左起 : 郭振華先生，姚建華先生，陳家殷先生，陳偉森教授； 前排左起 : 馬豪輝先生，鄭慕智博士 (主席 )，王建國先生，張鳳婷女士。 The IA Chairman and the seven Non-Executive Directors. Rear (from left): Mr Kenneth Kwok, Mr Stephen...

... from 1 April 2016 to 31 March 2017, a total of eight board meetings were held. Membership of the IA is at Appendix B. 保監局主席及七位非執行董事。後排左起 : 郭振華先生，姚建華先生，陳家殷先生，陳偉森教授； 前排左起 : 馬豪輝先生，鄭慕智博士 (主席 )，王建國先生，張鳳婷女士。 The IA Chairman and the seven Non-Executive Directors. Rear (from left): Mr Kenneth Kwok, Mr Stephen...

... StatisticsSTR Statistics 16,062 19,690 20,287 42,555 14,557 15,457 14,838 76,590 37,188 32,907 23,282 66,364 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 (Jan to Sep) STR received by JFIU ©Hong Kong Police Force香港警務處版權所有 STR StatisticsSTR Statistics No. of STRs 2016 2017 (Jan – Sep) Annual Total...

... Law Firms Accountancy Firms Trust & Company Service Providers Others Sectoral Breakdown of STRs received by JFIU in 2018 STR Overview (By Reporting Sector) No. of STRs 2014 2015 2016 2017 2018 2019 Q1-Q3 Annual Total 37,188 42,555 76,590 92,115 73,889 37,816 Filed by Insurance Companies 446 495 928 1...

...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...