HONG KONG: AML/CFT ASSESSMENT FOLLOW-UP REPORT

On 17 February, FATF published this follow-up report saying that Hong Kong has made progress in addressing the technical compliance deficiencies identified in its 2019 Mutual Evaluation, relating to the regulation and supervision of DNFBP.  It has been upgraded on 1 FATF Recommendation – Recommendation 28 is upgraded from Partially Compliant to Largely Compliant, but will remain in regular follow up. 

https://www.fatf-gafi.org/en/publications/Mutualevaluations/FUR-Hong-Kong-China-2023.html

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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