ChainCatcher news, the Hong Kong Securities and Futures Commission issued a circular on combating money laundering/terrorist financing to licensed corporations, virtual asset service providers and associated entities, which stated that the United Nations Security Council (Security Council) is responsible for the management of ISIL (Daesh). The Sanctions Committee of the Saudi Arabian Al-Qaeda Sanctions Regime removed an individual from its sanctions list on August 23, 2024 (New York time).
Licensed corporations, SFC-licensed virtual asset service providers and associated entities should update their screening databases in response to the above changes made by the Security Council Sanctions Committee to facilitate sanctions screening of customers and payments.