... Page 1 of 4 Strategic Plan to Strengthen Hong Kong’s Financial Ecosystem to Support a Greener and More Sustainable Future As one of the defining issues of our time, climate change knows no borders and is a source of multiple risks affecting both the real economy and the entire financial system...

... Anti-Money Laundering and Counter-Terrorist Financing (“AML/CTF”) Money laundering and terrorist financing can potentially damage and pose serious threats to the integrity and stability of a financial system. To protect the insurance industry from...

... Private and Confidential Wesurance Limited 030519W-IA !4 E K Y C Private and Confidential Wesurance Limited 030519W-IA !5 Electronic Know Your Customer (eKYC)* by Simplify the claim process An eKYCed customer could make statement of the claim in system, no signature’s required eKYC is eligible for some...

... scanned images recorded and maintained in their system are of good quality CDD Process – Copies of Customer Identification Documents 21 5. Screening of PEPs, Terrorists & Sanction Designations Findings: No/ Incomplete requisite screening on policyholders/ beneficial owners at the time of establishing...

... scanned images recorded and maintained in their system are of good quality CDD Process – Copies of Customer Identification Documents 21 5. Screening of PEPs, Terrorists & Sanction Designations Findings: No/ Incomplete requisite screening on policyholders/ beneficial owners at the time of establishing...

... scanned images recorded and maintained in their system are of good quality CDD Process – Copies of Customer Identification Documents 21 5. Screening of PEPs, Terrorists & Sanction Designations Findings: No/ Incomplete requisite screening on policyholders/ beneficial owners at the time of establishing...

... Politically Exposed Persons (“PEPs”) ML/TF Risk Assessment 4 4 Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT System Paragraph 2.2 of the Guideline ML/TF Risk Assessment Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT...

... Politically Exposed Persons (“PEPs”) ML/TF Risk Assessment 4 4 Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT System Paragraph 2.2 of the Guideline ML/TF Risk Assessment Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT...

... Politically Exposed Persons (“PEPs”) ML/TF Risk Assessment 4 4 Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT System Paragraph 2.2 of the Guideline ML/TF Risk Assessment Product/ service risk Delivery/ distribution channel risk Customer risk Country risk AML/CFT...

... (“DPRK”) The FATF remains concerned by the DPRK’s failure to address the significant deficiencies in its AML/CFT regime and the serious threats they pose to the integrity of the international financial system. Further, the FATF has serious concerns with the threat posed by the DPRK’s illicit activities...