Streamline success
About Our Retainer Program
Studio AM provides fortification of your AML/CTF framework in line with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) and relevant guidelines.
Our specialists develop tailored policies, procedures, and controls, encompassing customer due diligence (CDD), ongoing monitoring, suspicious transaction reporting (STR), threshold transaction reports (TTRs), and other compliance-related filings within our BPO services.
01
AML/CTF Program Implementation and Maintenance
Implement and continuously maintain comprehensive AML/CTF programs tailored to your institution’s risk profile and business activities, including regularly updating policies, procedures, and controls covering CDD, ongoing monitoring, STR, and record-keeping, in accordance with the AMLO and relevant guidelines.
02
Customer Due Diligence Execution
Conduct ongoing CDD measures, including continuous customer identification and verification, beneficial ownership determination, and risk assessment, based on the evolving nature and level of risk associated with each customer relationship, in line with the AMLO, SFC’s Guideline on Anti-Money Laundering and Counter-Financing of Terrorism, and HKMA’s SPM.
03
Transaction Monitoring and STR Filing
Provide ongoing support in maintaining and enhancing transaction monitoring systems, regularly calibrating risk-based scenarios and thresholds, detecting suspicious activities, and filing STRs with the JFIU in a timely manner, while continuously maintaining comprehensive records and supporting documentation for regulatory review and investigation purposes.
04
AML/CTF Training Program Delivery
Develop and deliver ongoing, customized AML/CTF training programs for employees at all levels, covering evolving regulatory obligations, money laundering and terrorist financing risks, red flags, CDD procedures, and internal reporting protocols, to maintain a strong compliance culture and ensure continuous staff competence and awareness.