The SFC has released an updated AML/CFT Self-Assessment Checklist, which aligns with the latest Guideline on Anti-Money Laundering and Counter-Financing of Terrorism. The checklist is designed to help licensed corporations, SFC-licensed virtual asset service providers, and associated entities evaluate their compliance with AML/CFT requirements. It is recommended that these entities use the checklist regularly to monitor their AML/CFT compliance. Senior management should address any identified deficiencies promptly, and the SFC may request documentary evidence of the review process and its outcomes.
Resource: https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/aml/doc?refNo=23EC56