Hong Kong: Vistra Subscribes To HKICS AML/CFT Charter
Last Updated: 25 May 2016

Vistra Hong Kong has become a founding subscriber to the Hong Kong Institute of Chartered Secretaries (HKICS) Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Charter after demonstrating that it is able to meet HKICS's required standards under the HKICS accreditation programme.

A signing ceremony was held on 17 May 2016 where Vistra and five other leading Hong Kong and international CSPs subscribed to the Charter.

The programme involves an independent test of controls of ML/FT (Money Laundering/Financing of Terrorism) risk, assessment procedures and Know Your Client obligations.

HKICS also issued a "Guideline" to set standards converging to those for financial institutions which all corporate service providers (CSPs) may adopt in their AML/CFT fight.

To print this article, all you need is to be registered on Mondaq.com.

Click to Login as an existing user or Register so you can print this article.

 
Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Press Releases from this Firm
Recent Content from this Firm
By Gerard Van Spall
By Wim Ritz, Freddy De Petter, Jan Vanhoutte
By Vistra
By Daniel Xu
By Rosario Di Maggio
By Vistra
By Martin Crawford
By Rosario Di Maggio
By Ming Pei Ong
By Vistra
Tools
Print
Font Size:
Translation
Channels