Tag Archives: AML

SFC reprimands and fines Brilliance Asset Management Limited $3.15 million over short position reporting failures

 22 Feb 2021  The SFC has reprimanded Brilliance Asset Management Limited (Brilliance) and fined it [...]

Coronavirus disease (COVID-19) and Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) measures – An Update

July 30 2020 Observations and industry practices to assist Authorized Institutions (AIs) in developing sustained [...]

Circular to Licensed Corporations and Associated Entities – AML/ CFT Early Alert on United Nations Sanctions

July 17 2020 The sanctions committee of the United Nations Security Council (“UNSC”) which administers [...]

Circular to Licensed Corporations and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism

10 Jul 2020 (1) FATF Statement on High-Risk Jurisdictions subject to a Call for ActionThe [...]

Feedback from recent thematic reviews of Anti-Money Laundering and CounterFinancing of Terrorism (AML/CFT) control measures for remote customer onboarding initiatives

03 Jun 2020 Key observations and good practices in AML/CFT control measures were identified   in [...]