Updates on TCSP Licence Renewal
and AML Regulations
18 February 2022 (Fri) | 12:30 pm – 14:00 pm
Join and Get an Exclusive Offer for AML Solutions!
- A free webinar for Certified Public Accountants (CPAs) and Trust or Company Service Providers (TCSPs) in Hong Kong, organized by Ingenique Solutions and The Hong Kong Institute of Certified Public Accountants (HKICPA) is the supporting organization.
- Exclusive offer on SentroWeb AML software for webinar participants
- Latest industry regulations and license renewal updates for TCSPs
- Best practice for Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) and Company Registry (CR)’s review
- Demo on how to enhance your AML/CTF Process (including Screening, Customer Due Diligence, Ongoing Monitoring)
- Certificate of Attendance will be provided
About the Webinar
Effective since 1 March 2018, accounting professionals, including CPAs and TCSPs in Hong Kong, are required to comply with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap.615) (AMLO). Accordingly, the HKICPA and CR have issued guidelines on AML/ CTF to assist CPAs and TCSPs to meet their obligations under the AMLO respectively. Specifically, these guidelines cover:
|Requirements||CR Guideline Chapter||HKICPA Guideline Section|
|AML/CTF Policies, Procedures and Controls||3 & 4||610|
|Customer Due Diligence||5||620|
|Making Suspicious Transaction Reports||7||640|
|Financial Sanctions and Terrorist Financing||8||650|
In the meantime, with ever-changing threats in financial crimes and terrorism, it is important for professional firms to set up the operational processes to deal with the AML/CTF risks, and keep up to date on the latest trends and developments in AML/CTF.
This webinar will provide practical information on: Updates on the regulations; TCSP License renewal tips; and right tools for AML compliance for small and medium-sized firms.
|Date: 18 Feb 2022 (Friday)|
Time: 12:30 pm – 14:00 pm
Platform: ZOOM Online Webinar
Price: Free (on First-come-first-serve basis)
Registration Closing Date: 17 Feb 2022 (earlier, if upon full registration)
|12:15 – 12:35||Log in and Welcome Introduction|
|12:35 – 13:05||Updates on Licenses renewal for TCSPs and market information sharing with case study (in Cantonese)|
Speaker: Mr Bible Kwan, Head of Sales (Northeast Asia), Ingenique Solutions
This session will cover the updates on license renewal and industrial information. The sharing will focus on how TCSPs fulfil the requirement and prepare for CR’s random check.
|13:05 – 13:30||From the Trend of AML/CTF in Singapore to the Best Practice for AML Process in Hong Kong (in English)|
Speaker: Mr Martin Lim, Founder and Director, Ingenique Solutions
This session covers the trend of AML/CTF in Singapore, one of the countries with the most matured anti-money laundering enforcement in the region, and shares the best practice for daily AML process for professional firms in Hong Kong.
|13:30 – 13:45||Solution and tools introduction for TCSPs (in Cantonese)|
Speaker: Ms Irene Ip, Sales & Marketing Manager, Ingenique Solutions
A short demo of SentroWeb, which is supported by Dow Jones, will show you the salient features that help TCSPs streamline the AML/CTF processes and comply with the requirements, including Screening, Customer Due Diligence and Ongoing Monitoring.
|13:45 – 14:00||Q&A|
* The data collected in the event registration form will be used for the purposes of processing your registration for the event and marketing communication. You can opt out at any time.
About the Speakers
Head of Sales (Northeast Asia) – Channel & Partnership, Ingenique Solutions
Bible recently join in Ingenique Solution (Hong Kong branch) to lead the business development of Northeast Asia market along with Channel and Partnership connection. Prior to joining Ingenique, he has work in different segment such as: B2B Platform, Supply Chain & Procure to Pay Solution, Credit Bureau, and Trade Finance to serve from SME level’s companies to Global fortune 500 companies.
Leverage on his past 15 years knowledge and experiences, he understands well the risk of global business environment and could provide unique insight to help business owner to re-solve and mitigate risk from their current business. Bible has an academic background in Business Administration & Sales, Information System and Global Trade Finance.
Founder & Director, Ingenique Solutions
Martin is the person behind the product development of all products by Ingenique. Prior to joining Ingenique, Martin has more than 15 years in the IT industry covering both technical and business development responsibilities. With Ingenique, he frequently engages with small and medium sized professional firms to assist them in implementing AML/CFT policies, procedures and controls, and to prepare for regulatory inspections and reviews. He is also being appointed by Singapore Ministry of Law’s to train the Precious Stones and Precious Metal Dealer sector on AML/CFT compliance, and the honorary AML/CFT Advisor for Singapore Bullion Market Association (SBMA).
Sales & Marketing Manager, Ingenique Solutions
Irene is the manager responsible for business development in Ingenique Solutions (Hong Kong branch). Prior to joining Ingenique, Irene has worked in several securities trading and listed companies in an accounting role, where she has accumulated more than 8 years of accountancy experiences. With Ingenique, she plays a key role in developing and growing the Hong Kong market, by putting her strong client relationship skills and practical knowledge in AML/CTF matters to help clients address their AML/CTF related issues, concerns and requirements.