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.