Regulatory Compliance, Licensing and Risk Advisory
Navigating Hong Kong’s tightening supervisory environment requires structured legal precision. TY Compliance delivers custom AML/CTF frameworks, institutional readiness reviews, and licensing advisory under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). We eliminate compliance vulnerabilities before they trigger enforcement penalties, protecting your operational authorization.
Cap. 615 Compliance and Framework Design
Generic templates fail during regulatory inspections. We build institutional compliance workflows grounded in statutory analysis, designed to satisfy the Companies Registry, Customs & Excise Department, and SFC guidelines.
- Bespoke Policy & Procedure Drafting: Comprehensive AML/CTF manuals, institutional risk assessment (IRA) frameworks, and customer risk scoring matrices tailored to your operational model.
- AML/CTF Gap Analysis & Readiness Reviews: Independent operational assessments testing your internal controls to identify and remediate deficiencies before supervisory inspections.
- Transaction Monitoring & STR Workflows: Threshold parameters, sanctions screening architecture, and suspicious transaction escalation protocols aligned with Joint Financial Intelligence Unit (JFIU) filing standards.
Regulatory and Licensing Approvals
Securing and maintaining regulated status in Hong Kong demands meticulous documentation and fit-and-proper alignment. We guide applicants through the statutory licensing process and ongoing regulatory correspondence.
- TCSP Licensing & Renewals: Complete preparation for Trust or Company Service Provider applications, fit-and-proper declarations, and annual license renewals with the Companies Registry.
- MSO Licensing Advisory: Dedicated guidance for remittance and money changing operators under Customs and Excise Department oversight, including business plan formulation and regulatory interview preparation.
- Virtual Asset (VASP) & Web3 Advisory: Compliance framework design aligned with SFC regulatory expectations, travel rule protocols, custody risk controls, and counterparty vetting.
Corporate Intelligence and Forensic Due Diligence
Automated screening tools often miss localized, layered risks. Applying Certified Fraud Examiner (CFE) investigative discipline, we perform rigorous statutory record reviews to uncover true corporate ownership and hidden risk exposure.
- Enhanced Due Diligence (EDD): Specialized investigations into high-risk entities, Politically Exposed Persons (PEPs), and complex commercial counterparties.
- Ultimate Beneficial Ownership (UBO) Tracing: Forensic unlayering of multi-tiered offshore structures, nominee arrangements, and trust agreements through statutory registries and corporate records.
- Sanctions & Adverse Media Vetting: In-depth screening across international sanctions registers (OFAC, UN, EU), local enforcement records, and adverse legal proceedings with contextual multi-lingual research.