FINRA provides a template for small firms to assist them in fulfilling their responsibilities to establish the Anti-Money Laundering (AML) compliance program required by the Bank Secrecy Act (BSA) and its implementing regulations and FINRA Rule 3310.
More than ever, NGOs in Hong Kong need easy-to-implement policies to navigate the money laundering risks of their operations, including around fundraising activities. In response, PILnet has partnered with Davis Polk to create a template Anti-Money Laundering (AML) policy, specially tailored to NGOs in Hong Kong. The policy provides guidance on key areas such as money laundering and terrorist financing, risk assessments, due diligence, suspicious transaction reports (STR), and record keeping.
Protecting investors means protecting their data, too. Our Small Firm Cybersecurity Checklist supports small firms in establishing a cybersecurity program to:
Identify and assess cybersecurity threats;
Protect assets from cyber intrusions;
Detect when their systems and assets have been compromised;
Plan for the response when a compromise occurs; and
Implement a plan to recover lost, stolen or unavailable assets.