Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has completed an investigation and disciplinary action against San San Financial Services Limited for violations of the Payment Systems and Stored Value Facilities Ordinance, resulting in a fine of HKD 1.6 million [1] Group 1: Investigation Findings - San San Financial failed to establish adequate control systems to comply with anti-money laundering and counter-terrorist financing guidelines from December 1, 2019, to August 31, 2023 [1] - The violations included insufficient customer due diligence measures, lack of understanding of the purpose and expected nature of business relationships, and failure to ensure proper identity verification by outsourced partners [2] Group 2: Disciplinary Action Considerations - The severity of the investigation findings and San San Financial's previous disciplinary records were taken into account [3] - The need to convey a clear deterrent message to the industry regarding the importance of effective control measures against money laundering and terrorist financing risks was emphasized [3] - San San Financial has taken remedial actions and strengthened its control systems after being informed of the deficiencies by the HKMA [3]
香港金管局：三三金融违反《支付系统及储值支付工具条例》 处以160万港元罚款
智通财经网·2025-07-22 09:09