Money Laundering

Hugo
24/05/2021

Money Laundering

U.S. Probing Binance: Implications for Cryptocurrency and Fintech in Hong Kong

U.S. Probing Binance: Implications for Cryptocurrency and Fintech in Hong Kong https://hauzen.hk/wp-content/uploads/2021/02/money-pexels-tima-miroshnichenko-6266453_1401x786sm.jpg 1401 786 Hugo Hugo https://secure.gravatar.com/avatar/3fb71c05dfeeb9987b232f5eae084a5a?s=96&d=mm&r=g 24/05/2021 24/05/2021

Cryptocurrency traders and exchanges should learn a lesson from Binance Holdings Ltd and be aware of potential money-laundering issues.

Louise
02/03/2021

Money Laundering

The HKMA publishes AML/CFT Regtech: Case Studies and Insights

The HKMA publishes AML/CFT Regtech: Case Studies and Insights https://hauzen.hk/wp-content/uploads/2020/08/alessia-cocconi-zLIUdGeKxv0-unsplash_1400x786sm.jpg 1400 786 Louise Louise https://secure.gravatar.com/avatar/1da3aed25e12734f0ccb19213c2a6cb8?s=96&d=mm&r=g 02/03/2021 28/04/2021

January 2021, the Hong Kong Monetary Authority published a report highlighting the opportunities that Regulatory Technology offers.

Hauzen
15/01/2021

Client Misconduct – Money Laundering

Client Misconduct – Money Laundering https://hauzen.hk/wp-content/uploads/2020/12/stairs-pikwizard-498d26a768504c041a26333fdbca5804_1402x790sm.jpg 1402 790 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 15/01/2021 21/01/2021

Legal framework under which businesses and professions operate in respect of client money laundering is examined – there are a number of statutory provisions which must be adhered to.

Hauzen
15/01/2021

Investigations and Criminal Offences Relating to AML and CTF

Investigations and Criminal Offences Relating to AML and CTF https://hauzen.hk/wp-content/uploads/2020/12/stairs-pikwizard-498d26a768504c041a26333fdbca5804_1402x790sm.jpg 1402 790 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 15/01/2021 15/01/2021

Sets out the powers of investigators and law enforcers, as well as considering the range of criminal offences that can be committed by financial institutions and their employees.

Hauzen
15/01/2021

Systems and Controls to Prevent Money Laundering and Counter Terrorist Financing

Systems and Controls to Prevent Money Laundering and Counter Terrorist Financing https://hauzen.hk/wp-content/uploads/2020/12/stairs-pikwizard-498d26a768504c041a26333fdbca5804_1402x790sm.jpg 1402 790 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 15/01/2021 15/01/2021

A practical approach to a major issue facing financial institutions, who must conduct extensive due diligence on customers and keep relevant documentation under AML and CTF laws.

Hauzen
15/01/2021

Financial Action Task Force (FATF)

Financial Action Task Force (FATF) https://hauzen.hk/wp-content/uploads/2020/12/stairs-pikwizard-498d26a768504c041a26333fdbca5804_1402x790sm.jpg 1402 790 Hauzen Hauzen https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 15/01/2021 15/01/2021

Money laundering is a pertinent issue for financial institutions in Hong Kong and an overview of how Hong Kong fits into the global sphere of measures is considered here.