Regulatory Alerts2018-05-10
Added · Updated
Strengthening Information and Intelligence Sharing
The Hong Kong Monetary Authority issued this circular on 10 May 2018 to strengthen information and intelligence sharing among authorized institutions. The document updates the Guidance Paper on Transaction Screening, Transaction Monitoring, and Suspicious Transaction Reporting to enhance anti-money laundering and counter-terrorist financing controls. It provides revised operational standards for financial institutions to improve the detection and reporting of suspicious activities.
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