反洗钱金融行动特别工作组（FATF)...

Since 1 March 2018, the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 (the "Ordinance") extended the existing Anti-Money Laundering

The Securities and Futures Commission (SFC) has reprimanded and fined Jinrui Futures (Hong Kong) Limited (Jinrui) HK$4.8 million for breaching anti-money laundering (AML) regulations.

The FSTB have released their conclusions on Consultations on Legislative Proposals to Enhance Anti-Money Laundering and Counter-Terrorist Financing Regulation in Hong Kong.

Further to our previous updates regarding changes to the legislation of the British Virgin Islands (BVI), the relevant anticipated legislation has now been published.

The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined City International Futures (Hong Kong) Limited (CIFHKL), now known as VERCAP Financial Services Limited, HK$100,000...

The Court of Appeal (the "CA") recently handed down its decision in HKSAR v Lam Kit Wai & Others [2025] HKCA 429, revisiting legal principles on when it is appropriate to draw irresistible inferences of the existence of proceeds of crime in money laundering cases.

The AMLO imposes customer due diligence and mandatory recordkeeping obligations on financial institutions and sets out penalties for breaches of such obligations.

On 17 February 2023, the Financial Action Task Force (FATF) issued its first regular follow-up report on Hong Kong's compliance with the FATF Recommendations.

His reprimand and suspension underlines his responsibility to supervise regulated activities of a licensed corporation.

On 11 November 2014 the State Bank of Vietnam (SBV) issued amendments to its anti-money laundering regulations. Circular No. 31/2014/TT-NHNN ("Circular 31"), which became effective on 26 December 2014, amends Circular 35/2013/TT-NHNN issued by the SBV on 31 December 2013 ("Circular 35").

In Hong Kong, any person operating a money service is required to obtain a Money Service Operator (MSO) licence.

On 15 August 2023, the Hong Kong Monetary Authority (HKMA) imposed a penalty of HK$16 million on a Hong Kong bank (the "Bank") for breaching five provisions of the Anti-Money Laundering...

The onus will be on the local AI to demonstrate how the global / regional risk assessment is relevant and applicable.

The European Parliament rejected, on 23 April, the European Commission's proposal to remove the United Arab Emirates, Gibraltar and other countries from its list of ‘high-risk third country jurisdictions' with strategic deficiencies in their anti-money laundering and combating the terrorist financing regimes.

The Hong Kong Securities and Futures Commission has issued its largest fine ever for violations of anti-money laundering and counter-terrorist financing regulatory requirements.

In Tam Sze Leung & Ors v Commissioner of Police [2021] HKCFI 3118, a judicial review case, the Court of First Instance found the longstanding practice of the Hong Kong Police in effecting an ...

Responding to a significant increase in digital fraud-related banking complaints, the Hong Kong Monetary Authority (HKMA) issued a circular on enhanced approaches to combat digital fraud on 12 October 2023.

In this article, Nick Harrold shares some insight into how Maples Group is assisting investment managers in Asia to stay abreast of continued rising regulations that may impact their Cayman Islands Investment Funds.

Last Friday, the Hong Kong Monetary Authority (HKMA) published its money laundering and terrorist financing (ML/TF) risk assessment report for the stored value facility (SVF) sector in Hong Kong.