Aml & Reporting Inno Xcell October 2010
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This document provides an overview of anti-money laundering laws in Hong Kong, including reporting obligations. It discusses the key ordinances and regulations governing money laundering and suspicious transaction reporting. It analyzes the elements and interpretation of money laundering and reporting offenses. It also addresses legal professional privilege and the protections and penalties associated with reporting or not reporting suspicious transactions.
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Aml & Reporting Inno Xcell October 2010
- 1. AML & Reporting Three Ordinances, Two Duties, And One Regulation
- 17. Make sure crime does not pay