Regulatory Alerts2022-06-30
Added · Updated
Statements issued by the Financial Action Task Force
The Hong Kong Monetary Authority issued this circular on June 30, 2022, to provide guidance on Anti-Money Laundering and Counter-Financing of Terrorism controls for all authorized institutions. The document specifically addresses regulatory requirements related to fintech, regtech, and virtual assets in alignment with international standards. It references the Statements issued by the Financial Action Task Force as the foundational framework for these compliance measures.