Financial and Regulatory Compliance Advisory

Financial and regulatory compliance advisory

As a preeminent global financial hub, Hong Kong presents a unique nexus of opportunity and complexity for financial institutions. It is the definitive gateway for capital and commerce into the Greater China region and beyond. For banks, asset managers, securities firms, and insurance companies, success in this dynamic environment requires not only strategic vision but also robust governance and impeccable compliance.

BDO stands as a pivotal partner in this landscape. Leveraging our deep-rooted presence and specialised expertise, we empower our financial services clients to navigate regulatory demands while securing sustainable growth and operational excellence.

We offer a suite of sophisticated financial and regulatory compliance advisory services designed to address the full spectrum of modern financial risk:


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Our core services

In today's boardrooms, Internal Audit is recognised as a critical function for strategic insight and assurance. Our approach transcends traditional compliance; we act as a dedicated sounding board to senior management and audit committees, providing independent, forward-looking perspectives on risk and control.

We design and deliver bespoke internal audit solutions — from initial risk assessment and strategic audit planning to detailed reporting and follow-up. Our collaboration focuses not only on identifying issues but on developing pragmatic, effective solutions to enhance your control environment.
The regulatory landscape is increasingly demanding. Nowadays, regulators frequently mandate independent reviews of governance frameworks, regulatory compliance functions and internal controls.

Our seasoned professionals possess extensive experience in assisting financial institutions to respond effectively to such directives. We have successfully guided clients through reviews of treasury operations, credit risk management systems, anti-money laundering processes, margin financing, and securities trading systems, helping to fundamentally strengthen their control infrastructure.
In an era of sophisticated outsourcing and digital interdependence, demonstrating operational integrity to your clients and their auditors is a strategic imperative. Our Third-Party Assurance services, including Service Organisation Control (SOC) reports under the ISAE 3402 standard, provide independent, objective validation of your key business and operational processes.

We deliver fair and balanced assessments that offer your stakeholders the confidence that your controls are well-designed and operating effectively, thereby facilitating trust and simplifying their own compliance obligations.
With the AML/CFT ordinance in full effect and regulatory scrutiny at an all-time high, deficiencies in financial crime compliance frameworks carry significant financial and reputational consequences. A proactive, risk-based approach is no longer optional—it is essential for safeguarding reputation and enabling responsible business innovation.

Our dedicated team brings deep experience in supporting authorised institutions, licensed corporations, stored value facility licensees and other institutions in evaluating their AML/CFT process. We provide comprehensive advisory across the entire AML/CFT spectrum:
  • Governance & oversight: Establishing clear accountability and a risk-aware culture.
  • Risk assessment: Conducting institutional and customer-level ML/TF risk assessments.
  • Control framework enhancement: Reviewing and strengthening Customer Due Diligence (CDD), screening processes, and transaction monitoring systems.
  • Specialised advisory: Addressing complex areas such as trade-based money laundering.
  • Training & competency: Developing tailored training programs and policies to ensure ongoing compliance.

Your key contacts

Ricky Cheng

Ricky Cheng

Director and Head of Risk Advisory
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