These Frequently Asked Questions in relation to Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) have been developed by HKAB with input from the Hong Kong Monetary Authority (HKMA), which aim to assist Authorized Institutions regulated by the HKMA in understanding relevant AML/CFT requirements.
This Guidance Paper is provided to HKAB member banks with trade business for reference in the implementation / review of effective measures against related money laundering and terrorist financing risks.
The Hong Kong Monetary Authority
- Anti-Money Laundering and Counter-Financing of Terrorism
- Smart Consumers (Don't Lend/Sell Your Account)