Regulatory Alerts2015-03-31
Added · Updated
Guidance Paper on Anti-Money Laundering Controls Over Tax Evasion
The Hong Kong Monetary Authority issued this guidance paper to direct all authorized institutions on implementing anti-money laundering controls specifically targeting tax evasion. The document outlines the regulatory expectations for financial institutions to identify, assess, and mitigate money laundering risks associated with tax crimes. It serves as a critical framework for ensuring compliance with anti-money laundering and counter-financing of terrorism standards within the banking sector.
CIR
Current
Issue Date:
31 Mar 2015
20150331-2-EN.pdf (349.7 KB)
Topic:
AML & CFT - AML/CFT Controls
AML & CFT - Tax Matters Related
Keyword:
Group:
All Authorized Institutions
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