We provide professional Cloud internet system, set up anti-money laundering policy documentation, and arrange Compliance and/or Money Laundering Reporting Officers.

AntiMoney Laundering and CounterTerrorist Financing (Financial Institutions) Ordinance, Chapter 615, has became effective from 1 April 2012. Under this regulation, any person who operates or wishes to operate a money service, he or she is required to apply for a MSO licence. The HK Customs & Excise Department is the authority for issuing the MSO licence, regulate the money service operators, and monitor the compliance of the relevant laws and regulations. We provide professional comprehensive services tailor-made for your business.  Our service will help your Company to set up an effective money service operator system. We have assisted more than 50 money changers in Hong Kong to obtain the MSO licence.  In addition, over 40 money changers are currently using our HKMSOS system!

We are in full support of the implementation of Ch. 615

We provide comprehensive supports to money changers with the compliance of the relevant regulations: From providing a money changer system delegated to meet the requirements of the HK Customs, providing internal compliance handbook, assisting the Compliance / Money Laundering Reporting officers, staff training, due diligence, customer background check, to risk management.

Customs_News

1/2/2013
On 4 February 2013, the Money Service Supervision Bureau (MSSB) of Customs and Excise Department will be moved to 13/F, Customs Headquarters Building, 222 Java Road, North Point, Hong Kong. For enquiry, please call the MSSB at (852) 3759 3722 or by fax (852) 3108 3425.

30/9/2012
On 30 September 2012, the Money Service Operators Licensing System commences to provide comprehensive electronic services. The features include user-friendly online applications for the grant/renewal of money service operator licence, addition of directors/ultimate owners/partners or new business premises, submission of periodic returns; online enquiry of application result/progress and inspection of the register of licensees.

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10/9/2012
The CCE has authorized officers in this department to process MSO licence applications, conduct compliance inspection and investigation on the MSOs in connection with requirements under the AMLO.

1/4/2012
The Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance,Chapter 615 (AMLO) came into operation on 1 April 2012. Under the AMLO, a person who wishes to operate a remittance and / or money changing service (i.e. money service as defined under the AMLO) is required to apply for a licence from the Commissioner of Customs & Excise (CCE). Operating a money service without obtaining a money service operator licence from the CCE is an offence and liable to conviction of a fine of $100,000 and imprisonment for six months. Under the AMLO, the CCE is the relevant authority to regulate Money Service Operators (MSOs) (i.e. Remittance Agents and Money Changers) and supervise licensed MSOs' compliance with the customer due diligence and record-keeping obligations and other licensing requirements, as well as combating unlicensed operation of money service.