A webinar titled “Anti-Money Laundering & Counter-Terrorist Financing Risk Management Update” was delivered last week by our partner and Chairman of Compliance Committee, Frank Szeto, who started off with the relevant legislation and real-life case studies. He also took the opportunity to introduce useful guidelines and templates from the Hong Kong Law Society. Frank said, “It is important for us, as gatekeepers, to have a strong mindset when assessing risk and to query source of funds appropriately”, as he interacted with the audience on practical issues, such as verifying new clients via the Law Society’s recommended procedures.