Tag: counter terrorist financing
Showing 9 out of 9 results
A step towards increased AML/CTF enforcement? Hong Kong SFC consults on enhancements to AML/CTF guidelines
MAS EXTENDS AML/CFT REQUIREMENTS TO PAYMENT SERVICE PROVIDERS
FATF expects to finalise mutual evaluation report on Hong Kong's AML/CFT regime by September 2019
The mutual evaluation of Hong Kong was a subject of discussion at the Financial Action Task Force (FATF)’s recent plenary meeting in Orlando, Florida …
NEW BENEFICIAL OWNERSHIP REGIME IN INDONESIA POSES COMPLIANCE RISKS FOR CORPORATES
Effective from 5 March 2018, all corporations in Indonesia are required to disclose at least one person as their beneficial owner upon registering for …
Criminal Finances Act 2017 provisions to come into force tomorrow
On 12 October 2017, the government published the Criminal Finances Act 2017 (Commencement No. 2 and Transitional Provisions) Regulations 2017 ("the …
Criminal Finances Bill 2016-17 passed by Parliament
The Criminal Finances Bill 2016-17 received royal assent on Thursday 27 April. The Criminal Finances Act 2017 (the "Act") (for the text of the Act, …
Government proceeds with proposals to enhance Hong Kong regulations on anti-money laundering and counter-terrorist financing
In 2018, Hong Kong's regime will be subject to mutual evaluation with those of other members of the Financial Action Task Force (FATF). FATF sets …
Hong Kong SFC urges intermediaries to review compliance with AML/CFT requirements following identification of deficiencies
On 26 January 2017, the Securities and Futures Commission (SFC) issued a circular (with Appendix 1, Appendix 2 and Appendix 3) highlighting its concerns …
Publication of the Criminal Finances Bill 2016-17
The Criminal Finances Bill 2016-17 (the "Bill") was presented to Parliament and had its first reading in the House of Commons on Thursday 13th October. …