Executive Briefing Session on Prevention of Money Laundering and Terrorist Financing

Circulars

25 Aug 2006

Executive Briefing Session on Prevention of Money Laundering and Terrorist Financing

Our Ref: B10/1C

21 August 2006

The Chief Executive
All Authorized Institutions

Dear Sir/Madam,

Executive Briefing Session on Prevention of Money Laundering and Terrorist Financing

I am writing to invite you to attend an Executive Briefing Session to be held at the HKMA office on 27 September 2006 on the prevention of money laundering and terrorist financing. There will be two sessions, one at 2:30 p.m. for licensed banks and the other at 4:30 p.m. for restricted licence banks and deposit-taking companies. Each session will last for around an hour.

As you are aware, money laundering and terrorist financing have become global concerns affecting all major financial centres. In the light of this, authorized institutions have a key role to play in deterring the use of the banking system for such purposes. The Executive Briefing Session is aimed at (i) providing you with an update on international anti-money laundering (AML) and counter-terrorist financing (CFT) issues and developments as well as the HKMA's recent AML/CFT initiatives and (ii) explaining about the role you are expected to play in the fight against money laundering and terrorist financing. We believe that attending this briefing will enable you to have a better understanding of the AML/CFT risks currently faced by the banking sector.

It would be appreciated if you could arrange for the attached registration form to be completed and returned to us by fax or email by 8 September 2006. If you will not be available to attend the briefing, please nominate your deputy to attend.

If there are any questions, please feel free to contact Mr Ronnie Wong on 2878 1399 or Mr Edmund Leung on 2878 8281 of the Banking Policy Department.

Yours faithfully,

William A. Ryback
Deputy Chief Executive

Encl.
Registration Form (RLBs & DTCs) (Word file, 27KB)
Registration Form (Licensed Banks) (Word file, 27KB)
 
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Last revision date : 01 August 2011