CONCLUDED SUCCESSFULLY

Speakers:

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

Mr. Tse is the founding Chief Executive Officer of MSOA. He works across advisory, finance and banking services over a decade. Mr. Tse was invited as the Guest Speaker of the 6th Annual AML & Financial Crime Conference Asia Pacific, which was organized by the Association of Certified Anti-Money Laundering Specialists (“ACAMS”).
Mr. Kwan FCPA (Practising)

Mr. Kwan is the founding director of a consulting firm which provides AML and compliance consulting services. Concurrently, Mr. Kwan is a practising fellow of Hong Kong Institute of Certified Public Accountants. For over a decade, his past experience in BIG 4 accounting firms has earned him a well-established profession across disciplines of Compliance, Auditing and Accounting.

Programme Objectives:

This programme is jointly organized with PEAK. It is designed for MSO's Senior Management, Compliance Officer and Money Laundering Reporting Officer to better understand the latest statutory and regulatory requirements of Anti-Money Laundering and Counter-Terrorist Financing. The program also aims to raise participants' awareness on the importance of Customer Due Diligence and Ongoing Monitoring, for the purpose of detecting irregular or suspicious financial activities, and hence, to enhance the compliance level of MSOs.

Course Outlines:

  • Due Diligence Review Record Keeping

  • Key Points of Transaction Record Keeping

  • Bank Compliance Requirements Sharing

  • Key Reminder on Daily Operations in MSO Premises

  • How to Identify and Report Suspicious Transactions

  • Inspection by the Regulator

  • Institutional Risk Assessment

  • HKCE’s latest supervisory requirements on MSOs

  • Amendments to Anti-Money Laundering and Counter-Terrorist Financing Ordinance and its Guideline on Anti-Money Laundering and Counter-Terrorist Financing (For Money Service Operators)

  • Competence Assessment for MSOs

  • Sharing of Market Information

Programme Information：

Date: 13 December 2022 (Tuesday)
Time: 19:00 - 21:30 (2.5 hours)
Venue: 9/F, VTC Tower, 27 Wood Road, Wanchai, Hong Kong
Target: Senior Management, Compliance Officer and Money Laundering Reporting Officer
Language: Taught in Cantonese supplemented with English terminology
Fee: HK$1,580 Or HK$1,480* (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: Exclusive to MSOA members. To establish eligibility, applicants must register for the course via MSOA.

Course Application:

Please complete and mail the application form along with a crossed cheque made payable to Vocational Training Council for the course fee. Mail to : VTC Tower, 27 Wood Road, Wanchai, Hong Kong. (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.
END OF COURSE

Speakers:

Ms. Lee ACAMS, CPA (Australia), CPA (Practising), MBA

Ms. Lee has 20 years of experience in AML compliance, banking, auditing, taxation and business consulting. She is a Certified AML Compliance Auditor and Specialist with the ACAMS, and obtained the Advanced Certificate for ECF on Anti-Money Laundering and Counter-Financing of Terrorism with the Hong Kong Institute of Bankers. She is also a Certified Public Accountant (Practising) with the Hong Kong Institute of Certified Public Accountants.
Mr. Kwan FCPA (Practising), BBA (Accounting & Finance) (Hons)

Mr. Kwan is the founding director of a consulting company which specialises in providing AML and compliance consulting services. He is also a practising fellow of the Hong Kong Institute of Certified Public Accountants and has extensive BIG 4 accounting firm experience in the field of compliance, auditing as well as accounting.

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 the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. The program also aims to 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

  • 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

  • Institutional Risk Assessment and Independent Compliance Audit

  • HKCE guidelines


Date: 25 January 2022 (Tuesday)
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: Teach in English
Fee: HK$590 / HK$490* (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$490 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. Mail to : VTC Tower, 27 Wood Road, Wanchai, Hong Kong. (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.