Under section 25 of the dtrop and the osco

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Web15 Mar 2024 · Consultation Paper on (1) the Proposed Guideline on Anti-Money Laundering and Counter-Terrorist Financing and (2) the Proposed Prevention of Money Laundering and Terrorist Financing Guideline Issued by the Securities and Futures Commission for Associated Entities September 2011 Web22 Oct 2024 · No. As with the existing practice under OSCO, DTROP and UNATMO, requests by the law enforcement agencies for information of an account managed in other jurisdictions will be made through Mutual Legal Assistance (involving the Department of Justice). Such requests will not be made through the FIs. Key reference(s): AML/CFT …

Guideline on Anti-Money Laundering and Counter Financing ...

Web1.1 This Guideline is published under section 7 of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) and section 7(3) of the Banking Ordinance (BO). 1.2 Terms and abbreviations used in this Guideline should be interpreted by reference to the definitions set out in the Glossary part of this Guideline. Web22 Dec 2000 · Section 25(1) of DTROP and OSCO creates the offence of dealing with any property, knowing or having reasonable grounds to believe it in whole or in part directly or … the twenty fifth amendment

Anti-Money Laundering/Counter-Terrorist Financing: United Nations

WebDTROP 18. The DTROP contains provisions for the investigation of assets that are suspected to be derived from drug trafficking activities, the freezing of assets on arrest and the confiscation of the proceeds from drug trafficking activities upon conviction. OSCO 19. The OSCO, among other things: Web15 Jan 2024 · DTROP, s 25A(2) OSCO, s 25A(2) UNATMO, s 12(2) Tipping off. It is an offence to ‘tip off’ to another person any information which could prejudice an … Web21 Jan 2024 · Sections 25 and 25A OSCO. Money-laundering and the offence of dealing with the proceeds of an indictable offence under section 25 happens when someone knows or … the twenty fifth island of greece

Guideline on Anti-Money Laundering and Counter- Terrorist …

Under section 25 of the dtrop and the osco

WebGeneral issues s.25A(1) & (7), 7.1 It is a statutory obligation under sections 25A(1) of the DTROP DTROP & OSCO, and the OSCO, as well as section 12(1) of the UNATMO, that s.12(1) & s.14(5), UNATMO where a person knows or suspects that any property: (a) in whole or in part directly or indirectly represents any person’s proceeds of, (b) was used in connection … Web17 Sep 2024 · Under section 25A of the OSCO, every person in Hong Kong has an obligation to file reports (“Suspicious Transaction Reports” / “STRs”) with the Joint Financial …

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Web1.7 Suspicious transaction reports 1.7.1 It is a statutory obligation under sections 25A(1) of the DTROP and. the OSCO, as well as section 12(1) of the UNATMO, that where a person knows or suspects that any property: (a) in whole or in part directly or indirectly represents any person’s proceeds of, (b) was used in connection with, or (c) is ... Web26 Jul 2024 · February 2024. Guidelines onAnti-Money Launderingand Counter-TerroristFinancing forProfessional Accountants(These guidelines form part of thecode of ethics)

WebPursuant to section 25A (1) of the Organized and Serious Crimes Ordinance (“OSCO”) Cap. 455 and the Drug Trafficking (Recovery of Proceeds) Ordinance (“DTROP”) Cap. 405, as … Web(b) it is an offence under section 25 of the Drug Trafficking (Recovery of Proceeds) Ordinance (Cap.405) (DTROP) and the Organized and Serious Crimes Ordinance …

WebThe Hong Kong Institute of Certified Public Accountants Web(b) obtaining approval from the AI’s senior management. 12.4 The extent of additional measures as set out in paragraph 12.3 will depend on the nature and

WebUnder section 25 of the Drug Trafficking (Recovery of Proceeds) Ordinance (Cap.405) (“DTROP”) and the Organized and Serious Crimes Ordinance (Cap.455) (“OSCO”), it is an …

WebThe Hong Kong Institute of Certified Public Accountants sews atrWebconsider restricting or terminating its business relationship with the institution from which it receives the transfer instruction or take reasonable measures to sewsaw.comWeb15 Oct 2024 · Guideline on Anti-Money Laundering and Counter- Financing of Terrorism (For Licensed Corporations) September 2024 © Securities & Futures Commission 2024 April 2012 sew satinlining in knitted hatWeb3.5 Section 25(1) of DTROP and OSCO creates the offence of dealing with any property, knowing or having reasonable grounds to believe it in whole or in part directly or … the twenty-first amendmentWeb(a) Section 25A of the Drug Trafficking (Recovery of Proceeds) Ordinance (Cap.405) (“DTROP”) (b) Section 25A of the Organised and Serious Crimes Ordinance (Cap.455) (“OSCO”) (c) Section 12 of the United Nations (Anti-Terrorism) Measures Ordinance … the twenty-fifth and penultimate letterWeb(b) it is an offence under section 25 of the Drug Trafficking (Recovery of Proceeds) Ordinance (Cap.405) (DTROP) and the Organized and Serious Crimes Ordinance … sewsaw comWebHome; Documents; Guideline on Anti-Money Laundering and Counter- … · 1 Chapter 1 – OVERVIEW Introduction 1.1... the twenty-first amendment repealed