Regulatory Alerts2018-04-12
Added · Updated
Feedback from Recent Thematic Review of AIs’ Sanctions Screening Systems
The Hong Kong Monetary Authority issued this circular to provide feedback following a thematic review of Authorized Institutions' sanctions screening systems. The document outlines key findings and expectations regarding the adequacy of controls, governance frameworks, and operational effectiveness within these systems. It serves as a directive for AIs to strengthen their compliance measures and address identified deficiencies in their anti-money laundering and counter-financing of terrorism regimes.
CIR
Current
Issue Date:
12 Apr 2018
20180412-2-EN.pdf (47.4 KB)
Topic:
AML & CFT - AML/CFT Controls
AML & CFT - Financial Sanctions
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
12 Apr 2018
Feedback from Recent Thematic Review of AIs’ Sanctions Screening Systems
CIR
Current
12 Apr 2018
Feedback from Recent Thematic Review of AIs’ Sanctions Screening Systems
Cross referenced Document
Version History
Superseded Document
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