Regulatory Alerts2026-05-27
Added · Updated
Guidance on Banking Services for Individuals with Higher Risk Profiles
The Hong Kong Monetary Authority issued this circular on 27 May 2026 to provide guidance to all Authorized Institutions on managing banking services for individuals with higher risk profiles. The document outlines specific Anti-Money Laundering and Counter-Financing of Terrorism controls required for account opening and maintenance in this context. It reinforces banking conduct standards to ensure financial inclusion while mitigating risks associated with higher-risk customer segments.
CIR
Current
Issue Date:
27 May 2026
20260526-2-EN.pdf (70.6 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Superseded Document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
CIR
Current
27 May 2026
Guidance on Banking Services for Individuals with Higher Risk Profiles
CIR
Current
27 May 2026
Guidance on Banking Services for Individuals with Higher Risk Profiles
Cross referenced Document
Version History
Superseded Document
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