Circular to Licensed Corporations and Associated Entities - Anti-Money Laundering / Counter-Terrorist Financing
United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017

9 Feb 2018



Circular to Licensed Corporations and Associated Entities 

Anti-Money Laundering / Counter-Terrorist Financing

United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017

Further to our circular issued on 22 September 2017, an updated list specifying “relevant persons and entities” under section 30 of the United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 (Cap. 537BX) was published in the Gazette on 9 February 2018 (G.N. 702 of 2018).

The aforesaid list can be found on the Government’s website (https://www.gld.gov.hk/egazette/pdf/20182206/egn20182206702.pdf).

Licensed corporations (“LCs”) and associated entities (“AEs”) should check the names in the above list against their records, and report any transactions or relationships they have or have had with the named persons 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 1.

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/008/2018

Note 1 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.


Click here to download the document


Page last updated : 9 Feb 2018