Notification of Changes in Particulars |
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| Under Section 40 of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Chapter 615 (AMLO), a licensee must report any changes in particulars to the Commissioner of Customs and Excise (CCE) in writing within one month beginning on the date on which the change takes place. The breach of this requirement is subject to the imposition of supervisory sanctions by the CCE. The maximum penalty is a fine of $1,000,000. The licensee may also be prosecuted and is liable on conviction to a fine of $50,000 |
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What changes in registration particulars under Money Service Operator (MSO) Licence must be reported to Customs and Excise Department?
A licensee needs to notify the CCE of the following changes in MSO registration particulars by completing a "Form 6 - Notification of Changes in Particulars": |
- Particulars of the Licensee business (For the following changes, please fill in and return Annex 1 and relevant supporting documents)
- Name of Business / Corporation
- Business / Branch Name
- Nature of Money Service
- Principal (Correspondence) Address (This address can be the particular premises used for operating money service or the correspondence address. The new correspondence address will be shown on the licence)
- Contact Information
- Particulars of Premises used for the operation of a Money Service (For the following changes, please fill in and return Annex 2 and relevant supporting documents)
- Business Premises Information
- Relocation: business can only operate in the new operation location upon on‐site inspection at the business premises and relevant compliance assessment performed by an officer authorized by the "CCE"
- Area expansion in the same location: new operation area can only operate in the new operation location upon on‐site inspection at the business premises and relevant compliance assessment performed by an officer authorized by the "CCE"
- Area reduction in the same location: Change in area must be declared but business can be conducted as usual at the same location
- Telephone and Fax No. of Business Premises
- Information of other Business being run in the Business Premises
- Occupants of Domestic Business Premises (The applicant has secured the written consent of every occupant of the domestic premises for any persons authorized by the "CCE" to enter the premises to conduct a routine inspection under the "AMLO")
- Particulars of the Licensee / Licensee's Partners / Directors / Ultimate Owners (For the following changes, please fill in and return Annex 3 and relevant supporting documents)
- Changed particulars of the Individual: Notification of change in particulars of the licensee / licensee's Partners / Directors / Ultimate owner who is an Individual
- Changed particulars and registered address of the Corporation: Notification of change in particulars of licensee's Partner/ Director
- Incoming / Outgoing of Partners / Directors / Ultimate Owners (For the following changes, please fill in and return Annex 4 and relevant supporting documents)
- Particulars of the incoming / outgoing licensee's Partner / Director / Ultimate Owner who is an individual
- Particulars of the incoming / outgoing licensee's corporate Partner / Director
- The "Fit and Proper" status of licensee / Licensee's Partners / Directors / Ultimate Owners (For the following changes, please fill in and return Annex 5 and relevant supporting documents)
- Particulars of the Individual whose "Fit and Proper Person" status has been changed
- Particulars of the corporate Partner / Director of which the "Fit and Proper Person" status has been changed
- Deletion / addition of the Bank Account used for operating your Money Service (For the following changes, please fill in and return Annex 6 and relevant supporting documents)
- Particulars of the deletion of bank account for operating the licensee's money service
- Closed
- Commercial reason
- Ordered to be frozen by a competent authority
- Particulars of the addition of bank account for operating the licensee's money service
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| The applicant (or any partner / director / ultimate owner) must not have been convicted of an offence specified at section 30(4), or is an undischarged bankrupt, and the premises for operation of the "MSO" business is considered by "CCE" to be suitable |
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| How to notify of changes? |
- Application forms can be obtained from:
- Money Service Supervision Bureau (MSSB) of the Customs and Excise Department (HKC&ED) at 13/F, Customs Headquarters Building, 222 Java Road, North Point, Hong Kong
- 3/F, Customs Headquarters Building
- downloaded from the HKC&ED website
- In person or by post
- Please sign the duly completed Notification of Changes in Particulars when submitting it to the MSSB
- After receiving the application submitted in person or by post, the CCE will issue an Acknowledgement of Receipt of the Notification Form within 7 working days from the submission or the postal date
- Information provided by the licensee in the Notification of Changes in Particulars must be supported by copies of relevant documents. Licensee is therefore reminded to ensure that the notification is submitted together with all required supporting documents indicated in the notification form. Failure to do so may cause delay in processing the notification, or may result in deferment or termination processing of the notification. For details of the required documents, please refer to the notification. After termination processing the notification, record of the licensee in the HKC&ED will not be updated with the changes in particulars
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| For further information on the requisite particulars and documents, the licensee should make reference to the "Specimen of Completed Form 6 – Notification of Changes in Particulars" at Appendix A of the AMLO Guidance Note (Form 6 Notification of Changes in Particulars). |
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| Please note that the above information is for reference only. Please call the Customs reporting hotline at 2545 6182 if you have any queries. |
