Registries Revealed | Episode 6: Hong Kong's ICRIS... with Ficoal Dong

Dive into Hong Kong's corporate registry transformation with our host and COO of Kyckr, Steve Lamb, and Ficoal Dong of Asia Verify, a compliance veteran with 20 years of experience. Discover how Hong Kong's complete system revamp in December 2023 balances enhanced UBO transparency with data privacy, introducing a unified business identifier while restricting access to sensitive director information. Ficoal reveals how AML professionals now face new challenges in beneficial ownership discovery and explains how OCR technology and AI algorithms are helping navigate complex ownership structures between Hong Kong and mainland China. "The Hong Kong registry environment is evolving, but cultural factors and implementation challenges mean UBO transparency still requires specialist knowledge," notes Ficoal, highlighting the ongoing tension between international compliance demands and local privacy concerns. Whether you're conducting KYB investigations, managing AML compliance, or tracking beneficial ownership across Asian jurisdictions, this episode provides critical insights for navigating Hong Kong's modernised but complex registry landscape. Listen now to enhance your cross-border compliance toolkit!  Want to know more about ICRIS? Discover Kyckr's 'Company Register Guide: Hong Kong' - your ultimate resource for navigating Hong Kong’s ICRIS.   What's inside? A comprehensive introduction to Hong Kong's Companies Registry (ICRIS) Six business types registered in Hong Kong and their structures Step-by-step guide to searching the e-Search Services Portal Availability of documents, APIs and open data sets Hong Kong's beneficial owner register and privacy considerations Data reliability and quality initiatives Integration and global access with KyckrDownload your copy here: https://bit.ly/3G4SJMW