Regulatory Alerts2014-12-19
Added · Updated
FATF Risk-Based Approach Guidance for The Banking Sector and Money Laundering and Terrorist Financing Risk Assessment
The Hong Kong Monetary Authority issued this circular on December 19, 2014, to provide guidance on implementing the Financial Action Task Force risk-based approach for the banking sector. It requires authorized institutions to conduct comprehensive money laundering and terrorist financing risk assessments to ensure effective anti-money laundering and counter-financing of terrorism controls. The document serves as a foundational reference for compliance, though it has been superseded by the 2023 AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism.
CIR
Current
Issue Date:
19 Dec 2014
20141219-2-EN.pdf (130.6 KB)
Topic:
AML & CFT - AML/CFT Controls
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-SGL
Current
25 May 2023
AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions)
CIR
Archive
13 Aug 2014
Anti-Money Laundering Seminars 2014
CIR
Archive
02 May 2014
Anti-Money Laundering Seminars
CIR
Current
10 Feb 2014
Basel Committee on Banking Supervision's Paper on “Sound management of risks related to money laundering and financing of terrorism”
Directly related Document
SPM-SGL
Current
25 May 2023
AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions)
CIR
Archive
13 Aug 2014
Anti-Money Laundering Seminars 2014
CIR
Archive
02 May 2014
Anti-Money Laundering Seminars
CIR
Current
10 Feb 2014
Basel Committee on Banking Supervision's Paper on “Sound management of risks related to money laundering and financing of terrorism”
Version History
Superseded Document
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