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Hong Kong’s DPMS Sector Undergoes AML/CTF Compliance Overhaul
As of April 1, 2023, Hong Kong’s Dealers in Precious Metals and Stones (DPMS) sector has been subject to a two-tier registration regime aimed at enhancing Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) measures.
SentroWeb: The One-Stop Solution for AML Compliance
Ingenique Solutions’ SentroWeb AML/CTF software is well-positioned to help DPMS businesses navigate these new regulations. SentroWeb offers a comprehensive suite of AML/CFT solutions, including:
- PEP and Sanction Screening
- Customer Due Diligence (CDD)
- Automated Ongoing Monitoring
- Full and Auditable Reporting
- AML/CTF Training
- AML/CTF Policy Template
Key Features of SentroWeb
PEP & Sanction Screening
SentroWeb’s PEP and Sanction Screening module searches against Dow Jones data of Politically Exposed Persons (PEPs), sanctions, watchlists, and adverse media in seconds. This powerful tool helps businesses identify potential risks and maintain compliance with regulatory requirements.
Customer Due Diligence
The Customer Due Diligence module provides a step-by-step guide to meet regulatory requirements, ensuring that businesses comply with AML/CFT obligations. The module also streamlines the CDD process, reducing manual effort and increasing efficiency.
Automated Ongoing Monitoring
SentroWeb’s Automated Ongoing Monitoring feature reduces manual effort by notifying businesses of changes in client risk levels using the most up-to-date data.
Benefits of SentroWeb
- Improves operational efficiency
- Reduces AML risk
- Protects businesses while meeting regulatory requirements
- Saves time and resources
- Provides accurate and reliable risk assessments
Trusted by Over 1,600 Customers Worldwide
SentroWeb has been trusted by over 1,600 customers worldwide, including government ministries, public listed companies, and top leading firms in various industries.
Get Up to 18% Discounts
New clients from Hong Kong’s precious metals and stones sector can enjoy up to 18% discounts on SentroWeb AML/CFT software. To learn more, book a demo now by submitting the contact form or contacting us at:
- Tel: +852 5808 4202
- Email: sales-hk@ingenique.net