Consultation on legislative proposals to enhance anti-money laundering and counter-terrorist financing regulation

The Government launched today (November 3) a consultation exercise to gauge public views on legislative proposals to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulation in Hong Kong through the introduction of (a) a licensing regime for virtual asset services providers; (b) a registration regime for dealers in precious metals and stones; and (c) miscellaneous technical amendments under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615).

The consultation will last for three months, until January 31, 2021.

The consultation document is available on the webpage of the Financial Services and the Treasury Bureau at www.fstb.gov.hk/fsb/ppr/consult/consult_amlo.htm.

 
Members of the public and stakeholders concerned are welcome to submit their views on the proposals to the Financial Services and the Treasury Bureau by post (24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong), by fax (2527 0790) or by email ([email protected]) on or before January 31, 2021.

If you have any inquiries, please call our, External Affairs department at 3678-0066.

CGSE

[Release Date: 24th November 2020]