... 告示 香港警務處持有並保留本簡報檔案包括版權在內的所有權益。除預 先獲得警務處處長書面許可外，本簡報檔案只可用作個人學習或處 理公務上用途。 Background • FATF Recommendation 1 requires jurisdictions to identify, assess and understand the ML/TF risk and to update the risk regularly • HK adopts the World Bank Model as the methodology in conducting the ML/TF Risk...

... any risk interdependencies. 6.2.7 Where a model is used in ERM, an authorized insurer should give consideration to the following factors: (a) the complexity of the model, which should be commensurate with the nature, scale and complexity of risks taken; (b) the expertise required in complex modelling...

... any risk interdependencies. 6.2.7 Where a model is used in ERM, an authorized insurer should give consideration to the following factors: (a) the complexity of the model, which should be commensurate with the nature, scale and complexity of risks taken; (b) the expertise required in complex modelling...

... does not necessarily refers to models used to determine capital requirements. For example, credit risk models can be used to monitor and manage credit risk as well as contribute to the determination of the Pillar 2 Capital amount. 6.2.8 Where a model is used in ERM, an authorized insurer should give...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

... Confederation of Insurance Brokers Address: Room 3407, AIA Tower, 183 Electric Road, Fortress Hill, Hong Kong. Tel: 2882 9943 & Fax: 2890 2137 E-mail: [email protected] Professional Insurance Brokers Association Address: Room 2507- 8, 25/F., China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong...

... Confederation of Insurance Brokers Address: Room 3407, AIA Tower, 183 Electric Road, Fortress Hill, Hong Kong. Tel: 2882 9943 & Fax: 2890 2137 E-mail: [email protected] Professional Insurance Brokers Association Address: Room 2507- 8, 25/F., China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong...

... internal models highlight the need to ensure a level playing field. In response to such concern, we would like to emphasize that the use of an internal model has to be approved by the IA upon application and consideration would be given if the internal model covers the risks adopted for the standardized...

... • Large IIs have policies and procedures, and internal systems and controls to mitigate ML/TF risks • “Three lines of defense” approach (business, compliance and audit) • Customer risk scoring model (e.g. low/medium/high risk, or a numerical score), and apply mitigating measures on a risk based approach...

... • Large IIs have policies and procedures, and internal systems and controls to mitigate ML/TF risks • “Three lines of defense” approach (business, compliance and audit) • Customer risk scoring model (e.g. low/medium/high risk, or a numerical score), and apply mitigating measures on a risk based approach...