{"id":7167,"date":"2024-02-01T13:02:58","date_gmt":"2024-02-01T05:02:58","guid":{"rendered":"https:\/\/mpl.hk\/?p=7167"},"modified":"2024-03-14T13:04:46","modified_gmt":"2024-03-14T05:04:46","slug":"highlights-of-disciplinary-cases-35","status":"publish","type":"post","link":"https:\/\/mpl.hk\/highlights-of-disciplinary-cases-35\/","title":{"rendered":"Highlights Of Disciplinary Cases"},"content":{"rendered":"
LUEN FAT BUSINESS (HK) LIMITED (TC007130)<\/p>\n
The Licensee has contravened\u00a0section 23 of Schedule 2 to the AMLO, namely, the Licensee has failed to take all reasonable measures to ensure that proper safeguards exist to prevent a contravention of any requirement under Part 2 or 3 of Schedule 2; and to mitigate money laundering and terrorist financing risks.<\/p>\n
<\/p>\n
Public reprimand and imposition of a pecuniary penalty of HK$4,000 (Decision Date:\u00a01 February 2024)<\/p>\n