SentroWeb®
The Best AML Software
For Hong Kong DPMS
The Dealers in Precious Metals and Stones (DPMS) registration regime in Hong Kong has come into effect starting 1 April 2023, imposing Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) obligations on the DPMS sector.
Ingenique Solutions’ SentroWeb® AML/CTF software provides Anti-Money Laundering (AML), Know Your Customer (KYC) and Customer Due Diligence (CDD) solutions for DPMS, including retailers, manufacturers, traders and dealers, to effectively implement AML/CTF measures and comply with the latest registration regime and AML regulatory requirements.
Two-Tier Registration Regime for DPMS in Hong Kong
| Category A | Category B | No Registration Required | |
|---|---|---|---|
|
Transaction Amount |
Non-cash transactions at or above HK$120,000 |
Cash transaction at or above HK$120,000 |
Transaction below HK$120,000 |
|
Requirements |
• Business registration certificate or hawker licence • Address of the place of business • Declaration |
• Business registration certificate or hawker licence • Address of the place of business • Fit and proper assessment • Business Plan and Anti-Money Laundering Policy |
N/A |
|
AML/CTF Obligation & Requirements |
N/A |
Subject to the AML/CTF obligations under Schedule 2 to AMLO, including： • AML/CTF System/ Policy • Risk-based Approach • Customer Due Diligence Measures (CDD/ KYC) • Record Keeping • Staff Training • Suspicious Transaction Reports |
N/A |
|
Fee |
• First Registration: $260 • Renewal: $195 |
• First Registration: $1,970 + $650 (each fit and proper test) • Renewal: $1,060 + $650 (each fit and proper test) |
N/A |
|
Registration Validity |
1 Year |
3 Years |
N/A |
SentroWeb® One-Stop Anti-Money Laundering Platform
Make AML/CTF Compliance Easier for DPMS
PEP & Sanction Screening
Powerful AML name screening search against the reputable Dow Jones data of PEPs, Sanctions and Watchlists, and Adverse Media in seconds.
Customer Due Diligence
Streamline and digitize CDD/ KYC process with our customer due diligence module which provides a step-by-step guide to meet regulatory requirements.
Automated Ongoing Monitoring
Automated monitoring reduces manual effort and notifies you of the changes in the risk levels of your clients with the most up-to-date data.
Full and Auditable Reporting
All screening records, due diligence forms, and risk assessments are stored and can be exported into pdf reports for C&ED’s inspections.
AML/CTF Training
We provide regular training on AML/CTF and the system to keep you updated on the latest compliance regulations and developments.
AML/CTF Policy Template
Our customizable AML policy template assists DPMS to fulfil the registration requirements.
SentroWeb® Suits for All Precious Metals and Stones Businesses
Mining and Production Companies
Processing Divisions
Retailers
Jewellery Manufacturers
Import and Export Traders
Intermediaries and Brokers
SentroWeb®
Your Best AML Compliace Partner
Improve operational efficiency, reduce AML risk, protect your business while meeting regulatory requirements with SentroWeb® Anti-Money Laundering solutions, the best AML/CTF compliance partner for DPMS.
Screen Your Customers Instantly
and perform customer due diligence and transaction efficiently.
Save Cost
as you pay only once for the same name searched multiple times.
Reliable and Verified Data
from Dow Jones covers over 3 million profiles worldwide.
AML/CTF Professionals Based in Hong Kong
to support your registration and AML/CTF compliance needs.
We Are ISO 27001 Certified
for information security. We have the people, processes and technologies to ensure your data is secured with us.
Trusted by 1600+ Customers World-Wide
including Government Ministries, public listed companies and top leading firms in various industries.
Dow Jones partnership with Ingenique has been excellent. They are always finding new ways to leverage on Dow Jones data to bring innovative solutions in the risk and compliance space. Great job guys!
Further comparing different service providers, SentroWeb can offer a reasonable price in order to meet the AML law requirement. The platform is user friendly. We have referred a few business partners to use SentroWeb already.
Highly recommended to industry peers who require such a software in their day to day work. The team at Ingenique has been nothing but fantastic in guiding me on board and providing regular support.
Up to 18% Special Discounts
New clients from Hong Kong Precious Metals and Stones sector can now enjoy up to 18% discounts on SentoWeb® AML/CTF Software.
To learn more, book a demo now by submitting the contact form, or contact us at:
Tel：+852 5808 4202
Email：sales-hk@ingenique.net.