Circular to Licensed Corporations and Associated Entities - Anti-Money Laundering / Counter-Terrorist Financing
(1) United Nations Sanctions (Yemen) Regulation 2015
(2) United Nations Sanctions (Central African Republic) Regulation 2017

19 May 2017



Circular to Licensed Corporations and Associated Entities 

Anti-Money Laundering / Counter-Terrorist Financing 

(1)  United Nations Sanctions (Yemen) Regulation 2015 

(2)  United Nations Sanctions (Central African Republic) Regulation 2017 

(1)  United Nations Sanctions (Yemen) Regulation 2015  

Further to the gazettal of the United Nations Sanctions (Yemen) Regulation 2015 (Amendment) Regulation 2017 on 12 May 2017 Note 1, a list specifying “relevant persons” under section 30B of the United Nations Sanctions (Yemen) Regulation 2015 (Cap. 537BP) was published in the Gazette on 19 May 2017 (G.N. 3173 of 2017).

The aforesaid list can be found on the Government’s website(http://www.gld.gov.hk/egazette/pdf/20172120/egn201721203173.pdf). 

(2)  United Nations Sanctions (Central African Republic) Regulation 2017 

Further to the gazettal of the United Nations Sanctions (Central African Republic) Regulation 2017 (Cap. 537BW) (“the CAR Regulation”) on 12 May 2017 Note 1, a list specifying “relevant persons and entities” under section 32 of the CAR Regulation was published in the Gazette on 19 May 2017 (G.N. 3174 of 2017).

The aforesaid list can be found on the Government’s website(http://www.gld.gov.hk/egazette/pdf/20172120/egn201721203174.pdf). 

Licensed corporations (“LCs”) and associated entities (“AEs”) should check the names in all of the above lists against their records, and report any transactions or relationships they have or have had with the named persons or entities to the Joint Financial Intelligence Unit.

Furthermore, LCs and AEs are reminded to refer to Chapter 6 of the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (“AML Guideline”) which contains guidance on the appropriate measures that LCs and AEs should take to ensure compliance with the regulations made under the United Nations Sanctions Ordinance Note 2.

Should you have any queries regarding the contents of this circular, please contact Ms Kiki Wong on 2231 1569.

Intermediaries Supervision Department
Intermediaries Division
Securities and Futures Commission

End

SFO/IS/015/2017

Note 1 Please refer to our circular issued on 16 May 2017 (http://www.sfc.hk/edistributionWeb/gateway/EN/circular/aml/aml-sanction-related/doc?refNo=17EC27).
Note 2 Under paragraph 6 of the Prevention of Money Laundering and Terrorist Financing Guideline issued by the Securities and Futures Commission for Associated Entities, AEs that are not authorized financial institutions are expected to have regard to the provisions of the AML Guideline as if they were themselves LCs.


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Page last updated : 19 May 2017