Compliance, Legislative & Regulatory Standards
[Webinar] Updated Requirement on AML and Code of Conduct
Overview
Participants will learn practical examples to avoid getting into trouble with regulators on AML and Code of Conduct issues
Objective
By the end of this course, participants will:
• Be able to understand the latest AML regulatory development
• Be able to understand the best practices and tools
• Learn about recent enforcement cases
Content
AML/CFT
1. SFC proposed amendments to AML/CFT guidelines
2. Tools to assist with KYC/CDD procedures (e.g. World-Check, OFAC)
3. Best practices relating to documentation, record keeping, periodic review
4. Mobile on-boarding
5. Examples of disciplinary issues
Code of Conduct
1. Updates impacting disclosure of benefits and independence
2. Employee dealing – definition and best practices
3. Examples of disciplinary issues
Suitability
1. Overview of the suitability and client agreement requirements
2. Amendments to the Professional Investor Rules
3. Examples of litigation relating to proper risk disclosures
Who should attend
1. Licensed persons
2. Compliance Officers
Speaker/Course Instructor
Prior to joining the financial industry, he was a manager of the Enforcement Division of the Securities & Futures Commission. Prior to that, Mr. Yuen was a senior inspector with the Royal Hong Kong Police Force.