TIN ON INTERNATIONAL COMMERCIAL SECRETARY LIMITED (TC002124)

The Licensee has contravened:

1. Section 53S(1) of Part 5A of the AMLO, namely, a person has become an ultimate owner of the Licensee without prior written approval of the Registrar.

2. Section 53U(1) of Part 5A of the AMLO, namely, a person has become a director of the Licensee without prior written approval of the Registrar.

3. Section 53W(1) of Part 5A of the AMLO, namely, the Licensee has failed to notify the Registrar of changes in its particulars within 1 month beginning on the date on which the changes take place.

4. Section 2 of Schedule 2 to the AMLO.

5. Section 9 of Schedule 2 to the AMLO.

6. Section 19(3) of Schedule 2 to the AMLO.

7. Section 23 of Schedule 2 to the AMLO.

Public reprimand and imposition of a pecuniary penalty of HK$28,000 (Decision Date: 16 May 2023)

Statement of Disciplinary Action