Hong Kong, China's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Hong Kong, China: Follow-up Report 2023

Filename
Follow-Up-Report-Hong-Kong-China-2023.pdf
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3 MB
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application/pdf
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17 February 2023 - Overall, Hong Kong, China has made progress in addressing the technical compliance deficiencies identified in its 2019 Mutual Evaluation, relating to Regulation and supervision of DNFBPs.

The country has been upgraded on one Recommendation.

  • Recommendation 28 is upgraded from Partially Compliant to Largely Compliant.

Hong Kong, China will remain in regular follow up. 

 

 

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Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system. Learn more about the FATF's mutual evaluation process.