Anti-Money Laundering Action Suggestions for Corporations

Mr. Xavier Chan, the Founder and Managing Partner of CWK Global, and Mr. Johnny Ho, Partner, AML and Sanctions Regulatory Compliance, co-authored an article on “Bastille Post” earlier about the anti-money laundering measures and recommendations for listed companies.

As the anti-money laundering legislation becomes more mature after amendments, the government’s anti-money laundering management is becoming more stringent. Listed companies need to develop appropriate anti-money laundering measures. Internal measures include customer risk assessment, ongoing monitoring, suspicious transaction reporting, record keeping, staff training and data screening.

For more details, please read the article (only available in Chinese).