CCE routine inspection

In recent months, the HK Customs & Excise Department (“CCE”) has been carrying out routine inspections on MSOs in different districts.  Based on various sources of information, the focus of the CCE includes the following:

 

  1. Are the Customer Due Diligence information complete and proper?
  2. Are the transaction records match with the bank statement records?
  3. Are the sources of funds reasonable?

 

We sincerely urge all MSOs to treat the compliance requirements of the relevant laws seriously and ensure all documents and records are kept properly.

 

If you have any questions about the above contents or relevant laws, please feel free to contact us by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or by phone @ 3563 8766.