Date： 3 December 2018 (Monday)
Time： 12:00 - 14:30 (2.5 hours)
Venue： 35/F, One Pacific Place, 88 Queensway, Hong Kong
Language： English

Further to the recent amendments to Hong Kong's AML legislation together with the upcoming FATF onsite Mutual Evaluation (4th round) in Hong Kong SAR November this year, it has become inevitable for MSOs to implement or further uplift their Anti-Money Laundering/ Counter-Terrorist Financing (AML/ CTF) governance framework, risk assessment, and control methodologies up to regulatory standards and industry best practices.

With a purpose to combat financial crimes collectively with the industry in Hong Kong SAR, Deloitte will share the Money Laundering/ Terrorist Financing risks and challenges faced by industry practitioners, regulatory updates and trends together with a demo of a simplified AML/ CTF risk assessment tool by our guest speaker - Arctic Intelligence.

If you are interested in registering for the Workshop, please provide us with your name, company name and position by email ([email protected]).

Anti-Money Laundering Course for Money Service Operators
AMLO Statutory
Requirements (Cantonese)
(FULL)
Programme Code：PE4200285

Speaker:

Mr. Tse CB, CFA, CPA, FCCA, MBA

Mr. Tse is the founding Chief Executive Officer of the MSOA. He has over 10 years of experience in advisory, finance and banking services. Mr. Tse was invited as a Speaker at the 6th Annual AML & Financial Crime Conference Asia Pacific organized by the Association of Certified Anti-Money Laundering Specialists (“ACAMS”).

Programme Objectives:

This programme is jointly organized by our Association and PEAK, is designed for money service operators (MSOs) to enable them to better understand the statutory and regulatory requirements regarding AMLO Statutory Requirements and Ongoing Monitoring of Anti-Money Laundering and Counter-Terrorist Financing. This will also raise participants' awareness of the importance of Customer Due Diligence and Ongoing Monitoring so that they can help to detect irregular or suspicious financial activities, and hence enhance the compliance level of MSOs.

Course Outlines:

  • Brief introduction to Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (For Money Service Operators)
  • How to formulate clear and specific AML policy
  • Definition of Customer Due Diligence measures
  • How to identify and verify customer identity
  • How to monitor customers of higher risks
  • Definition of risk-based approach
  • How to adopt risk-based approach mechanism on ongoing monitoring
  • Definition of record keeping
  • How to identify and report suspicious transactions
  • The importance of staff training
Date: 28 June 2018 (Thursday)
Time: 19:00 - 21:30 (2.5 hours)
Venue: 9/F, VTC Tower, 27 Wood Road, Wanchai, Hong Kong
Suitable to: This course is suitable for money service practitioners and other related parties
Language: Taught in Cantonese supplemented with English terminology
Fee:
HK$500 / HK$390* (For applicants who pay by cheque or credit card, please submit the completed enrollment form at least 7 working days before the course commencement)
*Fee Discount: The course only costs MSOA member HK$390 per person. To verify the eligibility to the special discount, applicants must enroll in the course through the Hong Kong Money Service Operators Association.

Course Application:

Please complete and mail the application form along with a crossed cheque made payable to Vocational Training Council for the course fee. (PLEASE DO NOT SEND CASH / PROMISSORY NOTE). The application will be processed in about one week. When a class is full or cancelled, a 100% refund will be made.


Anti-Money Laundering Course for Money Service Operators
AMLO Statutory
Requirements (Cantonese)
(FULL)
Programme Code：PE4200285

Speaker:

Mr. Tse CB, CFA, CPA, FCCA, MBA

Mr. Tse is the founding Chief Executive Officer of the MSOA. He has over 10 years of experience in advisory, compliance, finance and banking services. Mr. Tse was invited as a Speaker at the 6th Annual AML & Financial Crime Conference Asia Pacific organized by the Association of Certified Anti-Money Laundering Specialists (“ACAMS”).

Programme Objectives:

This programme, which is jointly organized with the MSOA and Institute of Professional Education and Knowledge (“PEAK”), is designed for money service operators so as to enable them to better understand the statutory and regulatory requirements of the AMLO. This will also raise practitioners’ awareness of the importance of Customer Due Diligence and Ongoing Monitoring so that they can help to detect irregular or suspicious financial activities, and hence enhance the compliance levels of MSOs.

Course Outlines:

  • Brief introduction to Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (For Money Service Operators)
  • How to formulate clear and specific AML policy
  • Definition of Customer Due Diligence measures
  • How to identify and verify customer identity
  • How to monitor customers of higher risks
  • Definition of risk-based approach
  • How to adopt risk-based approach mechanism on ongoing monitoring
  • Definition of record keeping
  • How to identify and report suspicious transactions
  • The importance of staff training
Date: 22 March 2018 (Thursday)
Time: 19:00 - 21:30 (2.5 hours)
Venue: 9/F, VTC Tower, 27 Wood Road, Wanchai, Hong Kong
Suitable to: This course is suitable for money service practitioners and other related parties
Language: Taught in Cantonese supplemented with English terminology
Fee:
HK$500 / HK$390* (For applicants who pay by cheque or credit card, please submit the completed enrollment form at least 7 working days before the course commencement)
*Fee Discount: The course only costs MSOA member HK$390 per person. To verify the eligibility to the special discount, applicants must enroll in the course through the Hong Kong Money Service Operators Association.

Course Application:

Please complete and mail the application form along with a crossed cheque made payable to Vocational Training Council for the course fee. (PLEASE DO NOT SEND CASH / PROMISSORY NOTE). The application will be processed in about one week. When a class is full or cancelled, a 100% refund will be made.


Anti-Money Laundering Course for Money Service Operators
Ongoing Monitoring and
Case Studies (English)
Code：PE4200083

Speaker:

Mr. Dheeraj Bajpai

Mr. Dheeraj is the in-house Compliance Chief of City Foreign Exchange Ltd (CFEL) and is responsible for the internal compliance and relevant training. He has a vast experience of over 10 years in the MSO business and handling of day to day compliance related issues. He provides practical advice, ideas and strategies on identifying suspicious transaction activities, Customer Due-Diligence and other regulatory requirements. He is also responsible for AML training, including transaction monitoring as well as filing STRs for CFEL and all sub-agents of Western Union under CFEL.

Programme Objectives:

This programme, which is jointly organized by Hong Kong Money Service Operators Association and Institute of Professional Education and Knowledge (“PEAK”), is designed for money service operators so as to enable them to better understand the requirements regarding AMLO and Guildline on AML and CFT (For MSOs). This will also raise practitioners’ awareness on Ongoing Monitoring and enhance their understanding towards customers so that they can help to detect irregular or suspicious financial activities, which results to an increase in compliance standard of MSOs.

Course Outlines:

  • Brief introduction to Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Guideline on Anti-Money Laundering and Counter-Terrorist Financing (For Money Service Operators)
  • Definition of Ongoing Monitoring and relevant measures to be taken
  • Characteristics of customers that Money Service Operators ("MSOs") should consider additional monitoring
  • Risk-based approaches to monitor customers
  • Possible factors and procedures for considering whether customers require Ongoing Monitoring
  • Understand customer background check tools
  • Reason for identifying suspicious transactions and filing Suspicious Transaction Report (STR)
  • "SAFE" Method
  • Reviews and procedures to be conducted on customer business relationship when filing a report to the Joint Financial Intelligence Unit (JFIU)
  • How to coordinate with Money Laundering Reporting Officer in order to submit a STR
  • Discuss case studies in relation to Ongoing Monitoring
Date: 25 January 2018 (Thursday)
Time: 19:00 - 21:30 (2.5 hours)
Venue: 9/F, VTC Tower, 27 Wood Road, Wanchai, Hong Kong
Suitable to: This course is suitable for money service practitioners and other related parties
Language: Taught in English
Fee: HK$480 / HK$380*
*Fee Discount: The course only costs MSOA member HK$380 per person. To verify the eligibility to the special discount, applicants must enroll in the course through the Hong Kong Money Service Operators Association.

Course Application:

Please complete the application form along with a crossed cheque made payable to Vocational Training Council for the course fee and then mail to our Association at A2/F, Dolford Mansion, 1-3 Chatham Court, Tsim Sha Tsui, Kowloon, Hong Kong. (PLEASE DO NOT SEND CASH / PROMISSORY NOTE). The application will be processed for about one week. When a class is full or cancelled, a refund will be made.