Regulatory Alerts2020-07-30
Added · Updated
Coronavirus Disease (COVID-19) and Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Measures – An Update
The Hong Kong Monetary Authority issued this circular to update Authorized Institutions on Anti-Money Laundering and Counter-Financing of Terrorism measures in response to the Coronavirus Disease (COVID-19) pandemic. It requires financial institutions to apply specific AML/CFT control measures to address the unique risks and operational challenges posed by the health crisis. The document serves as an annex detailing the practical controls that Authorized Institutions must implement to maintain regulatory compliance during the outbreak.
CIR
Current
Issue Date:
30 Jul 2020
20200730-2-EN.pdf (671.2 KB)
Topic:
AML & CFT - AML/CFT Controls
Fintech - Regtech
Miscellaneous - Covid-19 challenges
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
30 Jul 2020
Coronavirus Disease (COVID-19) and Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Measures – An Update
CIR
Current
30 Jul 2020
Coronavirus Disease (COVID-19) and Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Measures – An Update
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
28 Apr 2022
Regtech Adoption Practice Guide
CIR
Current
26 Nov 2021
Regtech Adoption Practice Guide
CIR
Current
27 Sep 2021
Regtech Adoption Practice Guide