The Securities and Futures Commission (SFC) has issued a circular informing licensed corporations, SFC-licensed virtual asset service providers, and associated entities of a recent update to the United Nations Security Council (UNSC) sanctions list. On 23 August 2024, one individual was removed from the sanctions list. Entities are required to update their screening databases to reflect this change and should refer to the SFC’s circular on UNSC sanctions issued on 7 February 2018 for regulatory standards. For queries, contact Ms. Kiki Wong at 2231 1569.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/aml/doc?refNo=24EC39