Anti-Money Laundering Statement
LC Lawyers LLP is committed to achieving the highest standards of ethical conduct and has a strict anti-money laundering policy. To comply with this and all relevant legal and regulatory requirements that are applicable to law firms in Hong Kong, we conduct client due diligence (i.e. identification and verification) on each of our new clients and persons connected with them, conduct enhanced client due diligence when instructions present an anti-money laundering risk, report suspicions of money laundering and terrorist financing to appropriate authorities, keep relevant records and provide anti-money laundering training to our lawyers and other relevant staff. Further, we are required to monitor our existing clients on an on-going basis. Where necessary, we seek relevant information from third party data suppliers.
All personal data collected for this purpose will only be used for compliance with our anti-money laundering policy and any relevant laws and regulations. All such personal data will only be retained for as long as the relevant anti-money laundering and data protection legislation requires.