Prevention of Money Launderingand Terrorist Financing.ppt

Prevention of Money Launderingand Terrorist Financing 22 June 2005 Outline of our Legal Seminar What is Money Laundering and Terrorist Financing The Legislation on money laundering in Hong Kong Basic policies to combat money laundering and terrorist financing The general trend and development in anti-money laundering in other jurisdictions (Break Time) Guidelines for banking practice Practices in other trades and industries Case studies Summary Conclusion Questions and Answers Session What is Money Laundering? ‘Money Laundering’ covers all procedures which change the identi