Circular to Licensed Corporations and Associated Entities
Anti-Money Laundering / Counter-Financing of Terrorism
Early Alert on United Nations Sanctions
The sanctions committee of the United Nations Security Council (“UNSC”) which administers the sanctions regime for ISIL (Da’esh) and Al-Qaida added one individual to and amended the details of 73 individuals and seven entities on its sanctions list Note 1, 2 on 1 May 2019 (New York time). Please refer to the relevant press releases issued by the UNSC in .
Licensed corporations (“LCs”) and associated entities (“AEs”) should update their screening databases with the above changes made by the UNSC sanctions committee for sanctions screening of customers and payments. LCs and AEs are reminded to refer to our circular on United Nations Sanctions issued on 7 February 2018 Note 3 which sets out our expectations on actions that LCs and AEs should take regarding sanctions imposed by the UNSC.
Should you have any queries regarding the contents of this circular, please contact Ms Kiki Wong at 2231 1569 who will assist to refer your queries to the relevant officer.
Intermediaries Supervision Department
Securities and Futures Commission