Money laundering and terrorist financing (“ML/TF”) can present significant compliance, reputational and operational risks for corporations and have an economic impact on most businesses. Regulators have been taking positive steps to combat ML/TF as well as identify deficiencies in the anti-money laundering (AML) and counter-terrorist financing (CTF) systems and controls of the corporations.

TMA is delighted to have invited Ms. Annie Chan, Managing Director of Mazars Corporate Recovery & Forensic Services Limited, to share with TMA Members the latest update on AML. This seminar will give an overview and the key concepts of money laundering and terrorist financing, International AML/CTF standards such as Customer Due Diligence (“CDD”), record keeping and recognition and reporting of suspicious transactions. It also presents AML/CTF legislation and regulations in Hong Kong, the Securities and Futures Commission Guideline on AML/CTF, as well as the latest updates.

Ms. Annie Chan, Managing Director of Mazars Corporate Recovery & Forensic Services Limited

Annie Chan has specialized in forensic accounting, regulatory compliance consulting, fraud investigation, dispute resolution and corporate advisory services for over 20 years. Her specific focus and expertise are in the areas of forensic accounting, anti-money laundering review and internal control review. She has also been a Senior Manager, Enforcement Division, at the Securities and Futures Commission and a partner and Managing Director of a Big Four Accounting firm.

She has advised and assisted major financial institutions in the implementation of anti-money laundering programs based on antimony laundering international best practice including the 40 Recommendations of the Financial Action Task Force (FATF), the US Patriot and local laws and regulations.

Annie has also led various regulatory compliance and investigation projects involving the Securities and Futures Ordinance and other relevant regulations for regulators, listed companies, major bankers, insurance brokerages and other financial institutions in Hong Kong, China and other parts of Asia.

She has also provided training and professional advice to banks, financial institutions and multinational companies on corporate governance, internal control, anti-money laundering, regulatory compliance updates, code of conduct, risk management and fraud risk awareness training.

She is an experienced public speaker and has made numerous presentations on corporate recovery, fraud investigation and regulatory updates for clients, solicitors and bankers. Annie speaks fluent English, Cantonese and Mandarin.

Participants are entitled to receive 1 CPD (TMA) credit upon completion of the seminar. TMA is the administrator for the Enhanced Competency Framework on Treasury Management (ECF-TM) and a recognized institution of Securities and Futures Commission (SFC) for providing continuing professional development (CPD) activities. The CPD hours can be used to meet the CPD requirements of the ECF-TM and the SFC.  To qualify for the CPD credits or attendance certificate of the seminar, all participants have to sign-in and sign-out. We regret that neither CPD nor attendance certificate will be given to those who are late for the seminar or leave early. TMA Office will update TMA Individual Members’ CPD record after the seminar is held.