Guidelines for Licensed Money Lenders on Compliance with Anti-Money Laundering and Counter-Terrorist Financing Regulations
According to the latest guidelines on compliance with anti-money laundering and counter-terrorist financing regulations for licensed money lenders, license holders must establish an independent audit function. An internal audit must be conducted at least once a year to independently review the company's anti-money laundering and counter-terrorist financing systems. Furthermore, this function must not concurrently serve as the company's compliance officer, anti-money laundering reporting officer, or engage in lending operations and company operations.
The Roche Business Accounting team has accumulated years of experience in compliance and risk management. They can conduct internal audits and risk assessments for license holders and draft relevant reports. Professional internal audits help license holders review and optimize their anti-money laundering and counter-terrorist financing systems, increasing the success rate of license renewals and reducing the risk of license revocation.
Licensed Money Lender License
The application for a money lender license typically takes about 2-3 months. For existing license holders, it is recommended to start the application process at least three months before the license expires:
Inquiry Quote
Initial quotation based on the company's situation
On-Site Assessment
Conduct interviews and on-site evaluations
Analysis Results
Analyze collected data and write reports
Submit Report
Submit internal gap analysis and improvement recommendations report
Service Features
Never Been This Worry-Free!
One-stop service for new license applications, one fee includes multiple services, professionally handle statutory documents!
New License Plan:
One-stop processing for new license applications
- Includes:
- Covers all necessary document submissions and government fees
- Basic service items:
- Process license application forms and prepare required documents
- Write business plans
- Engage qualified licensees
- Refer to rent compliant office space
- Provide proposals for internal office setup
