Hong Kong – official ML/TF risk assessment published ahead of FATF evaluation

By Keith Nuthall

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has released a detailed risk-based action plan for boosting the ability of the special administrative region (SAR) to fight money laundering and terror finance (ML/TF) as it prepares for its Fourth Round mutual evaluation by the Financial Action Task Force (FATF) later this year.