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Regulations01 Oct 2026

Hong Kong's regulator enhances anti-money laundering controls after fining life insurer

By Sarah Si | 01 Oct 2026

Hong Kong Risk Management Life & Health Regulation Technology

Following an on-site inspection carried out by Hong Kong's Insurance Authority (IA) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) (AMLO)1,2, FWD Life Insurance Company (Bermuda) has been ordered to pay a pecuniary penalty of HK$19.5m ($2.5m).

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Hong Kong's regulator enhances anti-money laundering controls after fining life insurer

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Hong Kong's regulator enhances anti-money laundering controls after fining life insurer

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