Regulatory Alerts2018-02-02
Added · Updated
Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018
The Hong Kong Monetary Authority issued this circular to implement the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018. It mandates that all authorized institutions comply with updated regulatory requirements to strengthen financial integrity and combat illicit finance activities. The document serves as the official guidance for institutions to align their internal controls with the newly enacted legislative amendments.