CPTEnglishAdvanced· Cryptocurrency

AML & CFT Compliance in Virtual Asset Markets

Legal & Compliance 1h 31 lessons

What you'll learn

Understand the global regulatory standards established by the FATF Recommendation 15.
Identify the unique money laundering and terrorist financing risks inherent in virtual asset transactions.
Analyse Hong Kong's dual licensing framework and the specific compliance obligations for VASPs and OTC dealers.
Apply effective Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures for high-risk clients.
Evaluate the role of blockchain analytics in transaction monitoring and suspicious activity reporting.
Examine the critical importance of asset segregation, cybersecurity, and internal governance in maintaining investor protection.
Recognize the accountability requirements for Responsible Officers within a regulated financial firm.

About this course

This course provides a comprehensive guide to AML & CFT compliance within the evolving landscape of virtual asset markets, specifically tailored to the regulatory environment in Hong Kong. Participants will explore the fundamental risks associated with digital assets—such as pseudonymity, cross-border volatility, and cyber vulnerabilities—and learn how to implement robust internal controls to mitigate these threats effectively.

Through an in-depth analysis of the AMLO and SFO frameworks, learners will examine the operational requirements for Virtual Asset Service Providers (VASPs), including licensing obligations, the Travel Rule, and the mandatory fit-and-proper tests for responsible officers. The course emphasizes a balanced approach, demonstrating how stringent regulatory safeguards and blockchain analytics can serve as strategic enablers for innovation and market trust.

Curriculum · 31 lessons

1:02:25 of content

1.
AML and CFT Compliance in Virtual Asset Markets
FREE
1:32
2.
Understanding Virtual Assets and Regulatory Turning Points
FREE
2:03
3.
Why AML and CFT Compliance Matters for Trust
2:09
4.
FATF Recommendation 15 The Global Regulatory Standard
1:53
5.
Hong Kong Policy Vision for Digital Asset Ecosystems
2:00
6.
Hong Kong Dual Licensing Framework and Regulatory Oversight
2:09
7.
Quiz: AML and CFT Compliance in Virtual Asset Markets – Hong Kong Dual Licensing Framework and Regulatory Oversight
QUIZ
5 questions · requires lessons
8.
Regulatory Framework and Governance for Stablecoin Issuers
1:57
9.
Money Laundering Risks in Virtual Asset Transactions
2:07
10.
Terrorist Financing Threats in Decentralized Digital Systems
2:10
11.
Cybercrime and Market Manipulation in Digital Assets
2:11
12.
Addressing Cross Border Challenges and Anonymity Risks
2:03
13.
Managing Complex Products Staking Lending and Derivatives
1:57
14.
Quiz: Regulatory Framework and Governance for Stablecoin Issuers – Managing Complex Products Staking Lending and Derivatives
QUIZ
5 questions · requires lessons
15.
Addressing Vulnerabilities in OTC Shop Operations
1:57
16.
Licensing Requirements for Virtual Asset Dealers
1:59
17.
The Fit and Proper Test for Operators
2:00
18.
Customer Due Diligence Fundamentals for Compliance
2:01
19.
Enhanced Due Diligence for High Risk Clients
2:00
20.
Ongoing Monitoring and Suspicious Transaction Reporting
2:04
21.
Quiz: Addressing Vulnerabilities in OTC Shop Operations – Ongoing Monitoring and Suspicious Transaction Reporting
QUIZ
5 questions · requires lessons
22.
Record Keeping and Audit Obligations for Compliance
2:01
23.
Implementing the Travel Rule for Asset Transfers
1:54
24.
Blockchain Analytics Transforming AML Monitoring Capabilities
2:05
25.
Custody and Segregation of Client Assets
2:00
26.
Cybersecurity Safeguards for Digital Asset Protection
2:00
27.
Building a Strong Culture of Organizational Compliance
2:12
28.
Quiz: Record Keeping and Audit Obligations for Compliance – Building a Strong Culture of Organizational Compliance
QUIZ
5 questions · requires lessons
29.
Responsible Officers and Personal Accountability Standards
1:40
30.
Comparing Singapore and Hong Kong Regulatory Approaches
2:12
31.
Strategic Lessons from EU MiCA Regulation
2:01
32.
Global Benchmarking of AML and CFT Standards
2:10
33.
Balancing Responsible Innovation with Regulatory Oversight
1:56
34.
Future Trends in Web3 Stablecoins and ASPIRe
2:04
35.
Quiz: Responsible Officers and Personal Accountability Standards – Future Trends in Web3 Stablecoins and ASPIRe
QUIZ
5 questions · requires lessons
36.
Building a Trusted Digital Asset Hub Conclusion
1:58

Requirements

Basic knowledge of the financial services industry or digital asset market operations.
Familiarity with foundational anti-money laundering (AML) concepts is beneficial but not required.
Interest in the intersection of regulatory policy, financial technology, and risk management.
Willingness to review regulatory documentation and case study scenarios.