Revised Guideline on Anti-Money Laundering and Counter-Financing of Terrorism applicable to Trust or Company Service Provider Licensees will become effective on 3 March 2025

The Companies Registry has completed an overall review of the “Guideline on Compliance of Anti-Money Laundering and Counter-Terrorist Financing Requirements for Trust or Company Service Providers” (“the Guideline”).  After taking into consideration the views and comments received, the Guideline has been further revised and renamed “Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Trust or Company Service Provider Licensees)”.

The revised Guideline has been published in the Gazette on 6 December 2024 and uploaded to this website under the section on “Guidelines”.  The revised Guideline will become effective on 3 March 2025.

Updating of specification of names of persons designated as terrorists or terrorist associates by the Committees of the United Nations Security Council

The specification of names of persons designated as terrorists or terrorist associates by the Committees of the United Nations Security Council had been updated and was published in the Gazette on 4 December 2024.  For details, please refer to the relevant Gazette Extraordinary Notice.