Regulatory Alerts2021-11-02
Added · Updated
Circular on AML & CFT Financial Sanctions and Others for All Authorized Institutions
The Hong Kong Monetary Authority issued this circular on November 2, 2021, to provide guidance on Anti-Money Laundering and Counter-Financing of Terrorism standards. The document applies to all authorized institutions and addresses topics including financial sanctions and other related compliance matters. It serves as a regulatory update to ensure adherence to current AML and CFT requirements within the financial sector.