SFC Directs Senior Managers to Correct AML/CFT Deficiencies

By Editors, Regulation Asia

Published on 2nd December 2020

The SFC found deficiencies in areas including oversight, internal controls, risk assessments, third party deposits, SoW/SoF checks, and sanctions screening, among others.

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Related:AML, CFT, Customer due diligence, Due diligence, Governance, Manager-In-Charge, MiC, Oversight, Reporting, Risk Assessment, Sanctions, Screening, Senior management, SFC, source of funds, source of wealth, third party deposits, transaction monitoring

Regulation Asia

SFC Directs Senior Managers to Correct AML/CFT Deficiencies

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