Hong Kong AML Policies, Procedures and Controls (APPC) Template
Proprietary customizable APPC template with 90% complete for Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) compliance.
✔ APPC document template
✔ Risk assessment template
✔ CDD forms
✔ 1.5-hour Training
Company Registry’s (CR) and HKICPA’s Anti-Money Laundering/ Counter-Terrorist Financing (AML/CTF) review on Trust or Company Service Providers (TCSPs), require professional firms to have AML Policies, Procedures and Controls (APPC) implemented firm-wide and documented in an APPC document.
If you are a TCSP, during an inspection by CR, there is a heavy weightage placed on the TCSP’s implementation of Risk-based approach and risk assessment, APPC document, and Customer Due Diligence (CDD) and beneficial ownership information. Such was the importance of APPC, and TCSPs are required to have the APPC document (also known as the “AML/CTF Systems” or “Manual”) ready when applying for the TCSP licence in June 2018.
Under the new registration regime, Dealers in Precious Metals and Stones (DPMS) under Category B are also required to comply with Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) and develop APPC.
For busy professionals like yourself, or you are not sure how to develop an APPC document, you can now purchase a customizable AML policy template.
The templates are delivered in Microsoft Word/ Excel format, and are almost 90% complete for your firm to use. With these templates and training, you can adjust and customize to your firm’s requirements, and be ready for CR or HKICPA AML/CFT review!
Contents of APPC Template:
2. POLICY STATEMENT
3. MANAGEMENT OVERSIGHT
4. RISK ASSESSMENT
5. CUSTOMER DUE DILIGENCE (“CDD”)
*(CR Chapt 5 / HKICPA Sect 620)
6. ENHANCED CUSTOMER DUE DILIGENCE
7. RECORD KEEPING
*(CR Chapt 9 / HKICPA Sect 660)
8. ON-GOING MONITORING
*(CR Chapt 6 / HKICPA Sect 630)
9. REPORTING A SUSPICIOUS TRANSACTION
*(CR Chapt 7 / HKICPA Sect 640)
10. AUDIT AND COMPLIANCE
11. HIRING OF NEW STAFF AND TRAINING
*(CR Chapt 10 / HKICPA Sect 670)
APPENDIX A. AML/CFT ROLES & RESPONSIBILITIES
APPENDIX B. RISK ASSESSMENT
APPENDIX C. INDICATORS OF SUSPICIOUS TRANSACTIONS
Customer Due Diligence Forms:
Form 1 Customer Information
Form 2 Client’s Particulars (Individual or Entity)
Form 3 Politically Exposed Person Information
Form 4 Risk Assessment
Hong Kong APPC Template Order Form
Fill in the Order Form below.
We will then send you an invoice for your payment. Once payment is received, the APPC document template will be sent to you, and a webinar session will be arranged.
*Ensure that the details are correct for invoicing purposes.