... • 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...

...協會。 32 Insurance Authority保險業監管局 第五章 Chapter 5 (b) Financial assets The Authority’s financial assets include interest receivable and cash and cash equivalents. They are held within a business model whose objective is to hold assets in order to collect contractual cash flows. The contractual terms of...

...協會。 32 Insurance Authority保險業監管局 第五章 Chapter 5 (b) Financial assets The Authority’s financial assets include interest receivable and cash and cash equivalents. They are held within a business model whose objective is to hold assets in order to collect contractual cash flows. The contractual terms of...

...協會。 32 Insurance Authority保險業監管局 第五章 Chapter 5 (b) Financial assets The Authority’s financial assets include interest receivable and cash and cash equivalents. They are held within a business model whose objective is to hold assets in order to collect contractual cash flows. The contractual terms of...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... biggest red-flag for the IA is if it finds a business model which involves a broker company relying on (or even incentivizing) unregulated sales activities by third party referrers (rather than carrying on substantive regulated activities itself), as indicated by the broker company driving such...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...

... the other hand, the emergence of robo-advice also provides a golden opportunity for traditional insurers and other stakeholders to re-think their business model and create a brand new digital experience for users. Employing robo-advice in distribution service would fundamentally change the way that...