Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance
HONG KONG SPECIAL ADMINISTRATIVE REGION
Ordinance No. 15 of 2011
L.S. |
Donald TSANG
Chief Executive
7 July 2011
An Ordinance to provide for the imposition of requirements relating to customer due diligence and record-keeping on specified financial institutions; to provide for the powers of the relevant authorities to supervise compliance with those requirements and other requirements under this Ordinance; to provide for the regulation of the operation of a money service and the licensing of money service operators; to establish a review tribunal to review certain decisions made by the relevant authorities under this Ordinance; and to provide for incidental and related matters.
Enacted by the Legislative Council.
Part 1
Preliminary
1. Short title and commencement
(1) This Ordinance may be cited as the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance.
(2) Subject to subsection (4), this Ordinance, except this section, comes into operation on 1 April 2012.