Regulatory Alerts2010-01-28
Added · Updated
Account Opening for Ethnic Minorities
The Hong Kong Monetary Authority issued this circular to address account opening practices for ethnic minority customers. It references the Race Discrimination Ordinance and amendments to the Supplement to the Guideline on Prevention of Money Laundering. The document mandates that all authorized institutions ensure compliance with these regulatory frameworks regarding financial inclusion and anti-money laundering controls.
CIR
Current
Issue Date:
28 Jan 2010
20100128-1-EN.pdf (115.6 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Superseded Document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
Archive
17 Jul 2009
Race Discrimination Ordinance and Amendments to Supplement to Guideline on Prevention of Money Laundering
Directly related Document
CIR
Archive
17 Jul 2009
Race Discrimination Ordinance and Amendments to Supplement to Guideline on Prevention of Money Laundering
Version History
Superseded Document
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