Regulatory Alerts2023-03-09
Added · Updated
Statements issued by the Financial Action Task Force
The Hong Kong Monetary Authority issued this circular on March 9, 2023, to provide Authorized Institutions with the latest statements from the Financial Action Task Force. The document serves as a direct reference for compliance with Anti-Money Laundering and Counter-Financing of Terrorism controls as well as financial sanctions requirements. It cross-references the AML-2 Guideline and previous related circulars to ensure institutions remain aligned with international regulatory standards.