17 Jun Introduction
Although anti-money laundering (AML) laws and regulatory requirements within specific countries generally follow international AML principles and best practices, there are important differences among countries and jurisdictions that must be understood before conducting business in any country. This training provides insurance professionals with an overview of Hong Kong’s anti-money laundering laws and regulations, and highlights country-specific terminology and due diligence, activity monitoring, and reporting requirements.
After completing this training, you will be prepared to:
- Describe basic AML laws and regulations in Hong Kong as they relate to the insurance industry.
- Explain customer due diligence requirements under Hong Kong law.
- Identify suspicious transaction reporting requirements in Hong Kong.
This training will take approximately 20 minutes to complete.