Regulatory Alerts2026-05-27
Added · Updated
Guidance on Banking Services for Individuals with Higher Risk Profiles
The Hong Kong Monetary Authority issued this guidance to assist Authorized Institutions in managing banking services for individuals with higher risk profiles. The document outlines specific AML/CFT controls and conduct requirements to ensure appropriate account opening and maintenance practices. It aims to balance financial inclusion obligations with the need to mitigate money laundering and terrorist financing risks.
CIR
Current
Issue Date:
27 May 2026
20260526-1-EN.pdf (127.7 KB)
Topic:
AML & CFT - AML/CFT Controls
Banking Conduct & Enforcement - Account Opening/Maintenance
Banking Conduct & Enforcement - Financial Inclusion
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
27 May 2026
Annex - Guidance on Banking Services for Individuals with Higher Risk Profiles
Annex
Current
27 May 2026
Annex - Guidance on Banking Services for Individuals with Higher Risk Profiles
Cross referenced Document
Version History
Superseded Document
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