Under section 25 of the dtrop and the osco

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Web15 Oct 2024 · Guideline on Anti-Money Laundering and Counter- Financing of Terrorism (For Licensed Corporations) September 2024 © Securities & Futures Commission 2024 April 2012 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 …

AML Guideline PDF Financial Action Task Force On Money

Web1 Mar 2015 · The offence is s. 25 (1) of the Organized and Serious Crimes Ordinance (Cap. 455). The punishments are tough; for example, up to seven years imprisonment in the … WebTo print the whole chapter in HTML, please click at the bottom of the TOC panel and then click .Please set the page orientation to “Landscape” for printing of bilingual texts on a single page. how do i become a technician

Guideline on Anti-Money Laundering and Counter-Financing of …

WebHome; Documents; Guideline on Anti-Money Laundering and Counter- … · 1 Chapter 1 – OVERVIEW Introduction 1.1... Web(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 … 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 … how do i become a titan shifter

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Cap. 455 Organized and Serious Crimes Ordinance - e-Legislation

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 … 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 how much is lenovo thinkpad e15WebPursuant 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 … how do i become a taxidermist

"WebUnder section 25A of DTROP/ OSCO and section 12 of UNATMO, an employee who discloses knowledge or suspicion to an appropriate person, in accordance with … " - Under section 25 of the dtrop and the osco

Under section 25 of the dtrop and the osco

Introduction Joint Financial Intelligence Unit - JFIU

Webcommence. Section 25A imposes a statutory duty upon a person to report his knowledge or suspicion that property is connected to an indictable offence [OSCO] or drug trafficking [DTROP], and reads: (1) Where a person knows or suspects that any property - (a) in whole or in part directly or indirectly represents any person’s proceeds of; Web15 Oct 2024 · Guideline on Anti-Money Laundering and Counter- Financing of Terrorism (For Licensed Corporations) September 2024 © Securities & Futures Commission 2024 April 2012 ...

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Web3.5 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 … Web25 Feb 2024 · Section 25 (1) of the Organized and Serious Crimes Ordinance, Cap 455 (“OSCO”) provides that a person commits an offence if he deals with any property …

WebAmendments to DTROP and OSCO, which came into effect on 1 September 1995, tightened the money laundering provisions in the two ordinances and introduced requirements in … 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.

Web26 Jul 2024 · February 2024. Guidelines onAnti-Money Launderingand Counter-TerroristFinancing forProfessional Accountants(These guidelines form part of thecode of ethics) WebSection 25 of this Ordinance makes it an offence for any person to deal in property (whether it be cash, real estate, shares or whatever) where he/she has reasonable grounds to …

WebThe Hong Kong Institute of Certified Public Accountants

Web62013 Reliance on CDD performed by intermediaries General 620131 Practices may from ACCT ACCT-451 at The Hong Kong University of Science and Technology how do i become a teacher assistantWeb(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 … how do i become a therapistWeb21 Jul 2016 · G.N. 4720 Guideline on Anti-Money Laundering and Counter- Terrorist Financing (For authorized insurers, reinsurers, appointed insurance agents and authorized insurance brokers… how do i become a texas realtorWeb1.7 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 ... how do i become a top dasherWeb3 Jul 2024 · Guideline on Anti-Money Laundering and Counter-Terrorist Financing (For Money Service Operators) Consultation Document. September 2011. CONTENTS Page Chapter 1 Overview .....1 Chapter 2 AML/CFT systems and business conducted outside Hong Kong .....6 Chapter 3 Risk-based approach..... 11 Chapter 4 Customer due diligence ..... 14 … how much is levothyroxinehttp://hk-lawyer.org/content/aml-update-section-25-osco-dealing-proceeds-crime-and-alternative-state-mind how much is leviathan axeWeb17 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 … how much is leviathan axe fortnite