Money laundering and terrorist financing (“ML/TF”) can present significant compliance, reputational and operational risks for corporations and have an economic impact on most businesses. Regulators have been taking positive steps to combat ML/TF as well as identify deficiencies in the anti-money laundering and counter-terrorist financing systems and controls of the corporations. This 3-hour course will provide an excellent view of the fundamentals of ML/TF, the relevant laws and regulations, the compliance issues as well as the best practices.
Anti-Money Laundering and Counter-Terrorist Financing: Best Practice and Compliance Issues
Speakers
Speaking Opportunities
Detailed Information
Highlights of the course include:
- Overview and key concepts of money laundering and terrorist financing
- International AML/CTF standards
- Customer Due Diligence (“CDD”)
- Record keeping
- Recognition and reporting of suspicious transactions
- AML/CTF legislation and regulations in Hong Kong
- Legislation and regulations relevant to AML/CTF
- Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance
- The SFC Guideline on AML/CTF
- Risk-based approach
- Customer due diligence
- Record keeping and retention of records
- Recognition and reporting of suspicious transactions
- Latest update
- Case study
Registration Conditions
To view our registration conditions please click HERE.