Regulatory Alerts2018-01-31
Added · Updated
Anti-Money Laundering/Counter-Terrorist Financing: United Nations Sanctions
The Hong Kong Monetary Authority issued this circular on 31 January 2018 to provide guidance on anti-money laundering and counter-terrorist financing measures regarding United Nations sanctions. The document applies to all authorized institutions and outlines regulatory expectations for compliance with financial sanctions regimes. It serves as a reference for implementing effective controls to combat money laundering and the financing of terrorism in accordance with UN security council resolutions.