Regulatory Alerts2023-02-09
Added · Updated
Optimising Fraud and Financial Crime Detection and Reporting
The Hong Kong Monetary Authority issued this circular to provide guidance on optimizing fraud and financial crime detection and reporting mechanisms. It requires all authorized institutions to enhance their transaction monitoring, screening, and suspicious transaction reporting processes. The document aims to improve the effectiveness of anti-money laundering and counter-financing of terrorism controls within the financial sector.
CIR
Current
Issue Date:
09 Feb 2023
20230209-2-EN.pdf (151.4 KB)
Topic:
AML & CFT - AML/CFT Controls
Fintech - Commercial data interchange
Operational Risk Management - Fraud risk management
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
09 Feb 2023
Optimising Fraud and Financial Crime Detection and Reporting
Annex
Current
09 Feb 2023
Enclosure - Guidance Paper on Transaction Monitoring, Screening and Suspicious Transaction Reporting (Revised in February 2023)
CIR
Current
09 Feb 2023
Optimising Fraud and Financial Crime Detection and Reporting
Annex
Current
09 Feb 2023
Enclosure - Guidance Paper on Transaction Monitoring, Screening and Suspicious Transaction Reporting (Revised in February 2023)
Cross referenced Document
Version History
Superseded Document
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