SFC Consults on Changes to AML and CFT Guidelines for Licensed Corporations

On 18 September 2020, the Securities and Futures Commission (SFC) published a Consultation Paper[1] on proposals to amend its Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (for Licensed Corporations) (AML/CFT Guideline for SFC-Licensed Corporations) and its Prevention of Money Laundering and Terrorist Financing Guideline issued by the Securities and Futures Commission for Associated Entities. The consultation is open until 18 December 2020. Read More…