Anti-Money Laundering Course (English)

"Customer Due Diligence and Case Studies" course (English) co-organized by our Association and Institute of Professional Education and Knowledge (PEAK) will be held on 3 December 2015 (Thursday night).
Staff training is not only an effective way to prevent and detect money laundering and terrorist financing, but also a crucial element to increasing competitiveness. Our Association encourages MSOs to proactively participate as this is a good opportunity for staff to raise their legal awareness and enhance their knowledge on the required level of compliance.
We welcome all money service practitioners and related persons to enrol. The course only costs HK$350 for all licensed money service practitioners. Seats are limited so please apply as soon as possible. For more details, please refer to our website or call our hotline at 3176 2004.

In October 2015, the "Ongoing Monitoring and Case Studies” course (Cantonese) was jointly organized by our Association and PEAK. Our course instructor explained in detail the importance of ongoing monitoring and the relevant requirements related to licensed MSOs. The course enabled participants to better understand how the compliance policies can be implemented in their daily operations. Our Association will continue organizing relevant anti-money laundering and practitioner courses in order to promote compliant operations and training of practitioners. We are thankful for the support from all licensed MSOs, PEAK, HKMSOS and Accuity.

According to the recent news reports, deception cases associated with the use of dishonoured cheque occasionally occur. Fraudsters would ask MSOs to provide remittance service and their bank accounts for the purpose of online transfer. When MSOs view the “balance” shown on the online banking system has been credited, they will implement the remittance request and complete the transaction. On the next day, when MSOs log onto the online banking system again, they will realise fraudsters have used dishonoured cheque and discover the “actual available balance” has become less. Our association suggests that MSOs take notice of the followings during their daily operations:

To keep up with the constantly changing commercial society, the job of management personnel of companies can be challenging. They are responsible for not only the daily operations, but also administrative duties and leading several departments.
Our association encourages MSOs to choose the continuing education courses based on their own needs at educational institutes, so that they can enhance their professional expertise and support the long-term development of their companies. Institute of Professional Education And Knowledge (PEAK) regularly organises Continuing Professional Development (CPD) programme and other short courses. For those who are interested in the courses, please call 28361922 for queries. The course details are as follows:

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