Regulatory Alerts2020-09-29
Added · Updated
Anti-Money Laundering and Counter-Financing of Terrorism Surveillance Capability Enhancement Project
The Hong Kong Monetary Authority (HKMA) outlines a strategic transformation of its AML/CFT supervisory framework to address emerging risks posed by digital innovation and financial crime. The regulator mandates the adoption of Supervisory Technologies (Suptech) and Regulatory Technologies (Regtech) to enhance proactive, data-driven risk assessment and horizon scanning capabilities. This initiative requires deepening public-private collaboration and investing in staff talent to ensure the integrity of Hong Kong's financial system against evolving threats.
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HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
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