HKIB ECF-AML CFT Core Practice Questions - HKIB Enhanced Competency Framework On Anti-Money Laundering And Counter-Financing Of Terrorism (Core Level) Examination Exam

Access More Questions

Under the Organised and Serious Crimes Ordinance (OSCO, Cap. 455), what is the maximum criminal penalty for a person convicted of a money laundering offense?

Imprisonment for 7 years and a fine of HKD 1,000,000 Imprisonment for 14 years and a fine of HKD 5,000,000 Imprisonment for 10 years and a fine of HKD 2,000,000 Life imprisonment and an unlimited fine

Correct Answer:

Imprisonment for 14 years and a fine of HKD 5,000,000

Access more questions from this quiz

Continue to HKIB ECF-AML CFT Core Practice Questions - HKIB Enhanced Competency Framework on Anti-Money Laundering and Counter-Financing of Terrorism (Core Level) Examination Exam for more practice questions and the full quiz experience.

Access More Questions