The Financial Action Task Force (FATF) has published its Mutual Evaluation Report on Hong Kong’s anti-money laundering and counter-financing of terrorism (AML/CFT) regime, rating the city as “compliant overall” although local and smaller industry players could have a better understanding of AML-related issues. “Hong Kong’s AML/CFT regime is assessed to be compliant and effective overall, making it the first jurisdiction…
Have a confidential tip? Get in touch [email protected]