Highlights

This webinar will be divided into three parts:

Part 1: Implementing AML/CTF Internal Policies, Procedures and Controls (in English)
Speaker: Mr Martin Lim, Founder & Director, Ingenique Solutions

DNFBPs* including public accountants, trust and company services providers and lawyers are required, by the Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) Ordinance, to implement internal policies, procedures and controls (APPC) to mitigate money laundering and terrorism financing risks. This session shares some common money laundering typologies that professional firms may encounter, and provides an overview of the key elements of APPC. The sharing will focus on Risk Assessment, Customer Due Diligence (CDD) and some commonly asked questions when performing CDD.

*Designated Non-Financial Businesses and Professions
 

Part 2: Trade-based money laundering – What Professional Firms Should Know (in Cantonese)
Speaker: Mr Bible Kwan, Head of Sales (Northeast Asia) - Channel & Partnership Ingenique Solutions

Criminals frequently exploit the vulnerabilities in cross-border trade to launder criminal proceeds. This session explains what trade-based money laundering is, provides examples of typical trade-based money laundering schemes, and covers the latest industry updates on AML/ CTF regulation in Hong Kong.
 

Part 3: Leveraging Technology to Manage AML Risks (in Cantonese)
Speaker: Ms Lydia Lau, Senior Sales Executive, Ingenique Solutions

Using SentroWeb, one of the innovative AML systems in the market, as a short demo, to show you how Regtech help you effectively manage money laundering risks and comply with AML/CTF Ordinance.

Speaker(s)

Mr. Martin Lim, Founder & Director, Ingenique Solutions

Martin is the person behind the product development of all products by Ingenique. Prior to joining Ingenique, Martin has more than 15 years in the IT industry covering both technical and business development responsibilities. With Ingenique, he frequently engages with small and medium sized professional firms to assist them in implementing AML/CFT policies, procedures and controls, and to prepare for regulatory inspections and reviews. Martin’s past experience includes being appointed by Singapore Ministry of Law's to train the Precious Stones and Precious Metal Dealer sector on AML/CFT compliance. He is also the honorary AML/CFT Advisor for Singapore Bullion Market Association (SBMA).

Mr. Bible Kwan, Head of Sales (Northeast Asia) – Channel & Partnership, Ingenique Solutions

Bible joins Ingenique Solution (Hong Kong branch) to lead the business development of Northeast Asia market along with Channel and Partnership connection. Prior to joining Ingenique, he has work in different segments such as: B2B Platform, Supply Chain & Procure to Pay Solution, Credit Bureau, and Trade Finance serving from SME level companies to Global fortune 500 companies.
Leveraging on his past 15 years’ knowledge and experience, he understands well the risk of global business environment and can provide unique insight to help business owners to resolve and mitigate risks from their current business. Bible has an academic background in Business Administration & Sales, Information System and Global Trade Finance.

Ms. Lydia Lau, Senior Sales Executive, Ingenique Solutions

Lydia is responsible for sales and business development in Ingenique Solutions (Hong Kong branch). She has extensive experience and knowledge in finance and business management. Prior to joining Ingenique, she worked in a big data analytics company by providing solutions for financial institutional clients. In Ingenique, she plays a key role in developing and growing the Hong Kong market, by putting her good client relationship skills and practical knowledge in AML/CTF matters to help clients address their AML/CTF related issues, concerns & requirements.