AML / KYC Company Policy

OTCxpert Ltd is well established with high compliance standard, we follow Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Laws of Hong Kong (Chapter 615).
As one of the members of Financial Institutions, OTCxpert sets higher standard towards compliance, regulatory and legal law considerations.

Money Laundering Statement

The prevention of money laundering is a key focus of regulatory authorities in developed countries. The prevention of money laundering inhibits the movement of funds derived from criminal activities and restricts the availability of money to fund terrorist activities. OTCxpert is committed to preventing money laundering through its service and complies with regulatory requirements including:

  • Identifying clients with Photo IDs and Address Proofs
  • Monitoring and reporting suspicious transactions
  • Maintaining records for at least 7 years
  • Training staffs to recognize suspicious transactions
  • Appointed Independent Compliance and ML Report Officer
  • Reporting to JFIU on Suspicious transactions
OTCxpert cannot accept your business if the funds are sourced from criminal activities or the nature of the transaction is illegal in any way.