Guidance through the regulatory landscape for obtaining necessary licenses, including the HK Money Service Operator (MSO) license, HK Money Lender license, SG Major Payment Institution (MPI) license, and more, as well as license renewal. Services include the establishment of business plans, AML policies, interpretation of regulatory requirements, AML assessments for directors, and preparation for regulator interviews, etc.
Tailored training programs for new joiners, senior management, and general employees covering governance, compliance, AML, risk management, and internal controls. This includes AML assessments for directors of HK MSO licenses (including mock examinations) and HKICPA examination training programs (delivered by experienced HKICPA facilitators and markers).
Provision of skilled professionals (such as AML, compliance, risk, internal audit, project management, etc.) to fill temporary roles within client organizations.
Full or limited scope internal audits to assess risk management, AML processes and compliance, business continuity plan, outsoucing as well as to meet mandatory annual internal audit requirements and maintain the licenses.
Development and implementation of internal control frameworks across different business cycles.
Assessment and enhancement of clients’ AML policies and procedures, processes and controls.
Conducing the enterprise-wide risk assessment (EWRA) or institutional risk assessment (IRA) to meet the regulatory requirements and identify enhancement opportunities.
Establishing a set of policies and procedures tailored to clients’ needs, covering wide scope of compliance functions such as AML policy, compliance manual, etc.
Providing certified true copy services for identity documents for bank account opening, company registration, license application, etc.
For information and quotations regarding other types of licenses and professional services, please contact us.