Regulatory Alerts2022-04-21
Circular Letter No. CC/2022/00000007
The Autoridade Bancária de Macau (AMCM) issues this circular to inform regulated entities of the adoption of proportional countermeasures against the Democratic People's Republic of Korea and the Islamic Republic of Iran due to their high-risk status regarding money laundering and terrorist financing. The document highlights the implementation of these measures following the Financial Action Task Force (FATF) plenary meeting in March 2022. It also draws attention to the FATF Public Statement on the Situation in Ukraine published on March 4, 2022.
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