... 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...

... Fast Track must have an innovative and robust business model using digital distribution to bring benefits to the consumers in Hong Kong in product development, delivery, customer service and cost efficiency. Insurers under the Fast Track would not be allowed to accept business from any...

... • 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...