BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The Taxation Institute of Hong Kong - ECPv5.0.0.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Taxation Institute of Hong Kong
X-ORIGINAL-URL:https://www.tihk.org.hk
X-WR-CALDESC:Events for The Taxation Institute of Hong Kong
BEGIN:VTIMEZONE
TZID:Asia/Hong_Kong
BEGIN:STANDARD
TZOFFSETFROM:+0800
TZOFFSETTO:+0800
TZNAME:HKT
DTSTART:20230101T000000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Asia/Hong_Kong:20230704T190000
DTEND;TZID=Asia/Hong_Kong:20230704T203000
DTSTAMP:20260605T004332
CREATED:20230505T013523Z
LAST-MODIFIED:20230704T015712Z
UID:600829-1688497200-1688502600@www.tihk.org.hk
SUMMARY:20230704 Latest AML/CTF Legislation Updates & Practical Guide to Internal Policies\, Procedures and Controls
DESCRIPTION:Highlights: \n\nOverview and highlights of the updates to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (cap. 615) (AMLO) in Hong Kong\nGuide to Implementing AML/CFT Internal Policies\, Procedures and Controls (IPPC) to mitigate money laundering and terrorist financing risks\nDemo on how to effectively comply with AML/CTF requirements (including screening\, customer due diligence\, and ongoing monitoring)\n\n  \nPart 1: Updates and New Licensing Regimes on AML/CTF Legislation in Hong Kong (in Cantonese) \nHong Kong Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 was passed by the Legislative Council in December 2022. This session will highlight the key updates on the AML/CTF legislation\, including the new licensing regimes for virtual asset services providers (VASP) and dealers in precious metals and stones (DPMS) sectors\, and some other amendments\, such as revised definitions of “politically exposed person” and the beneficial owner of a trust. \nPart 2: Implementing AML/CFT Internal Policies\, Procedures and Controls (IPPC) (in English) \nProfessional firms in Hong Kong\, including Accountants\, Company Secretaries\, Lawyers\, Registered Estate Agents\, Dealers in Precious Metals and Stones\, are required\, by the AML/CTF Ordinance\, to implement internal policies\, procedures and controls (IPPC) to mitigate money laundering and terrorism financing risks. \nThis session shares practical implementation of AML/CTF IPPC that will balance compliance requirements and business needs\, with focus on Customer Due Diligence and Ongoing Monitoring. \nPart 3: Leveraging Technology to Fulfil AMLO Requirements (in Cantonese) \nUsing SentroWeb\, one of the innovative AML/CTF systems\, as a short demo\, to show you how technology and Regtech help you effectively manage AML/CTF risks and comply with the regulatory requirements under AMLO. \n
URL:https://www.tihk.org.hk/event/20230704/
LOCATION:TIHK Office\, 21/F\, Kam Sang Building\, 255-257 Des Voeux Road Central\, Hong Kong
CATEGORIES:Physical Seminar,Seminar,Webinar
ATTACH;FMTTYPE=image/png:https://www.tihk.org.hk/wp-content/uploads/2023/05/20230704-flyer-for-website-and-IG.png
END:VEVENT
END:VCALENDAR