儲值支付工具的資金存管及反洗錢管理 (Float Management & Anti-Money Laundering over Stored Value Facilities)

FinTech refers to financial technology. It delivers financial services through technology to new areas, such as P2P transfers, E payments and cross border settlements. Stored Value Facilities (“SVF”) and Retail Payment System (“RPS”) are a subset of FinTech.
Hong Kong has recently entered into a new regulatory regime for SVF and RPS. The regulatory change will put SVF and RPS issuers under regulated business category. This seminar will focus on the background, float management and AML concerns on running a SVF business in Hong Kong.

Speakers

Speaking Opportunities

Detailed Information

Highlights of the course include:

  • Definition of SVF and RPS
  • The new regulatory regime and licencing requirements
  • Typical SVF models and related float management framework
    • Solvency risk
    • Misappropriation risk
    • Settlement risk
    • Exchange risk
  • AML concerns over SVF
    • Risk assessment concerns
    • CDD requirements
    • Due diligence on Merchants
    • On-going monitoring techniques
    • Red flags for SVF
  • Brief introduction to technology control to technology businesses

Registration Conditions

To view our registration conditions click HERE.