...) Long term business Total revenue premiums of long term in-force business was $392.5 billion in the first three quarters of 2019 (increased by 12.9%). Revenue premiums of Individual Life and Annuity (Non-Linked) business were $341.7 billion (increased by 19.3%), while those of Individual Life...

... Programme Contents 課程內容 ● Background 背景 ● Legal Status 法律地位 ● Risk Culture 風險文化 ● Risk Assessment 風險評估 ● Customer Due Diligence Process 客戶盡職調查過程 ● Foreign Tax Offense 外國稅務 ● Ongoing Review 恒常審查 ● Training 培訓 ● Independent Reviews 獨立評估 ● Red Flag Indicators 紅旗指示 P.2 Module 3: AML/CFT Compliance - Potential...

... CORE STRENGTHS 19.74% Insurance penetration (direct gross premium to GDP) 2nd Globallyand in Asia Vibrant and mature insurance market US$4.9tn Stock market capitalisation International financial centre and offshore RMB business centre US $3.7tn Asset and wealth management business amounted to 2nd...

... CORE STRENGTHS 19.74% Insurance penetration (direct gross premium to GDP) 2nd Globallyand in Asia Vibrant and mature insurance market US$4.9tn Stock market capitalisation International financial centre and offshore RMB business centre US $3.7tn Asset and wealth management business amounted to 2nd...

... Commencement of the Financial Institutions (Resolution) Ordinance 6 July 2017 Amendments to Schedule 3 to the Insurance Ordinance (Cap. 41) 20 June 2017 Revised Subsidiary Legislation and Statutory Forms...

... The new set of FAQs aims to assist insurance institutions (“IIs”) as stipulated in the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“GL3”) in understanding the relevant AML/CFT requirements. It is designed to be read in conjunction with the latest GL3 and will be updated from...

... reference only. Insurers are advised to contact their case officers in case of doubt. I. Section 3 – Purpose Q 1. Certain types of products are excluded from the FNA requirements. However, there are requirements under GN16 (e.g. Section 7 on Suitability Assessment, Section 8 on Advice to Customers, Section...

... Conduct Division Insurance Authority Encl. c.c. Chairman, The Hong Kong Federation of Insurers [aml_tec-6-45_CE_20170719/em] SC/12901 3 JULY 2017 PRESS RELEASE SECURITY COUNCIL Security Council ISIL (Da!esh) and Al-Qaida Sanctions Committee Removes Three Entries From Its Sanctions List On 3 July 2017, the...

... assumed on investments to be made more than 3 years after the valuation date, when determining their liabilities for solvency purposes. The proposal is made in light of the current volatility of the financial markets. In considering this proposal, we have taken into account (among other matters) the work...

... assumed on investments to be made more than 3 years after the valuation date, when determining their liabilities for solvency purposes. The proposal is made in light of the current volatility of the financial markets. In considering this proposal, we have taken into account (among other matters) the work...