The Asia-Pacific region is an area of tremendous economic growth and trade, but along with that growth comes an increased risk of money laundering, terrorist financing and fraud. In recognition of this, the US-based Association of Certified Anti-Money Laundering Specialists (ACAMS) has opened an office in Hong Kong.
ACAMS plans to establish appropriate region-specific training like on-site seminars and web seminars, establish local chapters and grow its membership base throughout the continent in order to foster regulatory cooperation and professional networking. The association has recently partnered with the Hong Kong Association of Banks to offer the first annual ACAMS Anti-Money Laundering & Counter-Terrorism Financing Conference in Asia Pacific.
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