Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism: Early Alert on United Nations Sanctions

The United Nations Security Council (UNSC) sanctions committee has updated its sanctions list for ISIL (Da’esh) and Al-Qaida, amending details of three individuals on December 2, 2024. Licensed corporations, SFC-licensed virtual asset service providers, and associated entities must update their screening databases accordingly for sanctions compliance. They are reminded to adhere to the regulatory standards outlined in the UNSC sanctions circular issued on February 7, 2018.

Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/aml/doc?refNo=24EC59