Sets the HKMA's supervisory approach to AIs' AML/CFT systems: the legal and regulatory framework (the Anti-Money Laundering and Counter-Terrorist Financing Ordinance and the Banking Ordinance, other legislation, statutory and regulatory guidance), the HKMA's AML/CFT and sanctions compliance policy, the roles of AIs and the HKMA in the regime, the supervisory approach (risk-based supervision, understanding the ML/TF risk of the sector and of individual AIs, the supervisory process, supervisory and enforcement measures listed in Annex 1), feedback, sharing and capacity building, domestic and international cooperation, and the related areas of financial inclusion and use of technology. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §7(3); version V.1, 19.10.18; applies to all AIs.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.