The primary reason to have the AML system is to fulfill the provisions set forth under the “Anti-Money Laundering and Counter-Terrorist Financing Ordinance” (cap.615) and other related ordinances, guidelines and regulations.
What is included in Ascan Online
Sanction Lists of major jurisdictions including but not limited to the United Nations.
Wanted/Fugitive lists of the Interpol and local law enforcement agencies.
Sanction List that SFC draws to the attention of the Client, updated from time to time (“SFC Sanction List”).
PEP list, both Hong Kong PEPs and non-Hong Kong PEPs especially the mainland China.
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