AML Series Lesson 4: Introduction of Customer Due Diligence


Lesson 1: Introduction of HK AML/CTF Legal and Regulatory Regime (23 September 2021)

Lesson 2: Introduction of Money Laundering Concept and the Legal Liability of Making Suspicious Transaction Report (28 October 2021)

Lesson 3: Introduction of the AML/CTF Ordinance , Cap 615 (AMLO) (11 November 2021)

Lesson 4: Introduction of Customer Due Diligence (9 December 2021)

– Why do we need Customer Due Diligence
– The risk of Political Exposed Person
– The risk of country of origin
– Source of Wealth and source of funds
– Customer risk assessment
-The sequence of non-compliance of Customer Due Diligence


Speaker: Mr. Paul Chung 鍾逸祥先生CAMS, CAMLP

  • Ex-Head of Financial Crime Compliance at HSBC Macau
  • Ex-Deputy Head of Financial Investigation, Hong Kong Police
  • Certified anti-money laundering specialist (國際公認反洗錢師)
  • Certified AML Professional (CAMLP) of the Hong Kong Institute of Bankers
  • AML/CFT Course trainer of the Hong Kong Institute of Bankers and Macau Institute of Financial Services
  • Well versed in FATF’s requirements, AML legislations and regulatory requirements
  • Excellent relationship with law enforcement agencies, regulators, FIUs, and policy bureau of HK SAR on AML
  • 15+ years of experience of financial crime and profound experience in delivering training of AML and KYC to law enforcement agencies, regulators, FIUs and bank staff
  • Experience of working in the Joint Financial Intelligence Unit (JFIU), the Narcotics Bureau, the Commercial Crime Bureau and the Organized Crime and Triad Bureau


  • Founder and Chairman of CWK Global Group (
  • United Nations Educational, Scientific and Cultural Organization (“UNESCO”) First Anti-Money Laundering SDG World Records Holder
  • Founder and Chairman of Association of International Financial Crime Prevention for Professionals
  • Founder and Chairman of Hong Kong Accounting Professionals Association
  • Training Committee Chairman and Council Member of The Society of Chinese Accountants and Auditors
  • Financial Institution Representative of Financial Action Task Force – Asia Pacific Group
  • Guest Speaker of Master Program of the University of Hong Kong
  • Former Deputy Chief Compliance Officer of International Bank

Time: 6:30pm – 8:30pm

Venue: Webinar (Live via Zoom)

Language: Cantonese

CPD hours: 2 hr

Fee: Each lesson HK$100 (IFCPA Member); Each lesson HK$200 (Non IFCPA Member)


Application Deadline:

Lesson 4: 7 December 2021

Remarks: Bad weather arrangement
This event may be cancelled or re-scheduled when typhoon no.8 or black rainstorm warning is hoisted. Please refer to our website for the arrangement.

Enquiry: Email: [email protected]

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