Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism Anti-Money Laundering and Counter-Financing of Terrorism Webinar

On October 16, 2023, the Securities and Futures Commission of Hong Kong, SFC, published a circular addressed at licensed corporations and associated entities to inform of an upcoming webinar on (anti) money laundering and the combatting of the financing of terrorism. The webinar will be held on November 15, 2023 and November 16, 2023 between 14:30 and 17:30 each and will cover the following main topics:
– recent major AML/CFT regulatory developments
– supervisory observations relating to AML and CFT among supervised firms
– current trends in scams and the identification of victims to such
– the presentation of proliferation financing risks in Hong Kong and risk mitigation
– current money laundering „typologies and feedback on the suspicious transaction reporting of the securities sector“.
Participation in any one of the two sessions will qualify for 3 continuous professional training (CPT) hours and will be free of charge. A firm may nominate at the maximum two responsible persons to attend the webinar. Registrations may be submitted via this link up to October 31, 2023. The agenda is attached to this Event or may be found here.