On 7 January, Myles Seto was invited to give a legal seminar to the members of the Hong Kong Institute of Certified Public Accountants (“HKICPA“). The invitation came from the Continuing Professional Development Advisory Panel of HKICPA following Myles’ speech at an event organised by the Hong Kong Trade Development Council, which was attended by a member of said panel.
The topic was “Professional Responsibilities on Anti-money Laundering”, and the seminar was attended by more than 100 members of HKICPA. At the seminar, Myles briefly explained the legal basis for the anti-money laundering practice in Hong Kong, and he further shared the firm’s experience in handling acquisition transactions which might have implications on money laundering.
The 2-hour seminar ended with a reading of recently reported cases in Hong Kong in which professionals were prosecuted for money laundering. The attendees showed great interest in the topic, and the Q&A session lasted for more than 30 minutes.