Regulatory Alerts2018-10-19
Added · Updated
Supervisory Approach on Anti-Money Laundering and Counter-Financing of Terrorism
The Hong Kong Monetary Authority issues this policy to outline its supervisory approach for ensuring Authorized Institutions comply with Anti-Money Laundering and Counter-Financing of Terrorism regulations. The document establishes the framework for assessing the effectiveness of institutions' internal controls and risk management systems in preventing financial crimes. It details the HKMA's expectations for governance, oversight, and the implementation of risk-based measures to mitigate ML/TF risks across the banking sector.
SPM-SGL
Current
Issue Date:
19 Oct 2018
AML-1.pdf (339.0 KB)
Topic:
AML & CFT - Others
Banking Conduct & Enforcement - Financial Inclusion
Supervisory Approach
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
19 Oct 2018
Supervisory Policy Manual (SPM): AML-1 “Supervisory Approach on Anti-Money Laundering and Counter-Financing of Terrorism”
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10 Apr 2025
GL Glossary
SPM
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17 Jan 2025
IN Introduction
GLI
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22 Aug 2018
Guidance Note on Cooperation with the HKMA in Investigations and Enforcement Proceedings
Annex: Guidance Note on Cooperation with the HKMA in Investigations and Enforcement Proceedings
GLI
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27 Apr 2018
Amendments to Guideline on Exercising Power to Impose Pecuniary Penalty under s 23(1) of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
Annex: Guideline on Exercising Power to Impose Pecuniary Penalty
CIR
Archive
06 Oct 2006
Prevention of Money Laundering and Terrorist Financing (Re: Approach to Formalising Use of Supervisory Measures)
CIR
Current
19 Oct 2018
Supervisory Policy Manual (SPM): AML-1 “Supervisory Approach on Anti-Money Laundering and Counter-Financing of Terrorism”
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
IN Introduction
GLI
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22 Aug 2018
Guidance Note on Cooperation with the HKMA in Investigations and Enforcement Proceedings
Annex: Guidance Note on Cooperation with the HKMA in Investigations and Enforcement Proceedings
GLI
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27 Apr 2018
Amendments to Guideline on Exercising Power to Impose Pecuniary Penalty under s 23(1) of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
Annex: Guideline on Exercising Power to Impose Pecuniary Penalty
Version History
CIR
Archive
06 Oct 2006
Prevention of Money Laundering and Terrorist Financing (Re: Approach to Formalising Use of Supervisory Measures)
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