Regulatory Alerts2023-04-27
Added · Updated
Access to banking services for corporate customers
The Hong Kong Monetary Authority issued this circular to establish key observations and good practices for the on-boarding of corporate customers. It requires authorized institutions to enhance their anti-money laundering and counter-financing of terrorism controls while ensuring fair access to banking services. The guidance aims to standardize account opening procedures and improve financial inclusion for corporate entities.
CIR
Current
Issue Date:
27 Apr 2023
20230427-2-EN.pdf (230.7 KB)
Topic:
AML & CFT - AML/CFT Controls
Banking Conduct & Enforcement - Account Opening/Maintenance
Banking Conduct & Enforcement - Financial Inclusion
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
27 Apr 2023
Access to banking services for corporate customers
CIR
Current
27 Apr 2023
Access to banking services for corporate customers
Cross referenced Document
Version History
Superseded Document
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