Hong Kong: Monetary Authority Releases New FAQ in Relation to Anti-Money Laundering and Counter-Terrorism Financing

On March 29, 2019, the Hong Kong Monetary Authority (HKMA) released Circular MSSB/GUIDE_01/2019, which announced that a FAQ for all money service operators in relation to anti-money laundering and counter-terrorism financing had been published.

The FAQ supersedes the FAQ published in March 2012 and should be read alongside the revised Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Money Service Operators), which came into effect on November 1, 2018.

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