Regulatory Compliance
& Security
We are committed to maintaining the highest standards of legal and regulatory compliance. From strict Anti-Money Laundering (AML) protocols to rigorous supplier vetting, we ensure your global supply chain operations are secure, transparent, and fully compliant with Hong Kong and international laws.
We take compliance seriously
ARC’s services in Hong Kong are provided by ARC LIMITED, Hong Kong company number 3220299.
Our actions are guided by our corporate principle: ‘We comply with applicable laws and internal guidelines’. This means having a strong compliance management system in place to prevent non-compliance and implement measures to mitigate potential risks.
AML & CTF Framework
Hong Kong introduced its anti-money laundering and counter-terrorist financing framework on 1st March 2018. The law regulates the rights and obligations of legal persons and natural persons in preventing and detecting money laundering and terrorist financing.
The law also contains provisions regarding customer screening, identification, and verification of customers, and the reporting of unusual transactions.
Scope
The ‘Hong Kong – AML KYC Regulations’ report may be used as a reference to highlight information from Hong Kong’s ‘Anti-Money Laundering and Counter-Terrorist Financing Ordinance’.
Under the guidelines from the Hong Kong Monetary Authority (HKMA), Joint Financial Intelligence Unit (JFIU), and the aforementioned act(s), this document highlights the necessary requirements for AML and KYC procedures, in particular, Identity Verification required in Hong Kong. These requirements are approximated from relevant information/laws/directives from the aforementioned document.