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AIA news
MEMBERSHIP
AIA launches Membership Referral Scheme
Are you enjoying the benefits of AIA membership? Do you know someone who’d benefit from joining AIA too?
Recommend a friend or colleague for AIA membership today and share the rewards on offer.
The Scheme
The AIA Membership Referral Scheme is our way of thanking members for highlighting the benefits of membership. Recommendations and endorsements from our members play an invaluable role in growing our professional community and expanding our influence in the sector.
To refer a friend or colleague, follow these simple steps: 1. Share your AIA membership number and www.aiaworldwide.com/ enquiry-form with whoever you are referring for membership.* 2. Your friend or colleague will use your link and membership number to make an enquiry, and the AIA
Team will get in touch to talk them through the application process. 3. If they join AIA, you’ll get a £50 credit to your AIA account and their first year’s membership will be extended to 1 October 2021. 4. You’ll see the credit on your AIA account as soon as your referral’s membership has been approved. 5. Keep referring! There’s no limit to how many people you can refer for membership.
*The AIA Membership Referral Scheme is open only to Associate or Fellow membership applications.
AIA
NEWS
ANTI-MONEY LAUNDERING
AIA has responded to the consultation on changes to the sourcebook for professional body anti-money laundering supervisors – criminality checks.
In general, AIA is supportive of measures taken to improve and strengthen barriers to entry for individuals who do not meet fit and proper tests at the point of application. However, it is unclear at the present time how the amendments suggested to the sourcebook will realistically offer additional protection in practice. Relevant individuals and firms must already declare to professional body supervisors (PBSs) at any point when they receive a relevant conviction which would affect any fit and proper status. PBSs would continue to rely on
self-declarations for a maximum of five years, unless a significant evolution of intelligence sharing is undertaken whereby PBSs are informed by law enforcement or criminal justice networks when relevant individuals have received a relevant conviction.
Notwithstanding this restructure, an arbitrary time period of five years does not add additional reassurance that individuals have not been convicted of a relevant offence for the purposes of Regulation 26 should they have failed to declare this offence in the preceding five years.
AIA would also argue that placing additional administrative burdens on regulated firms continues to make more attractive operation outside of the regulated sector.
HONG KONG
AIA Hong Kong Branch AGM
The AIA Hong Kong Branch 45th Annual General Meeting was held on 23 June 2020 at 7.30pm at The Chinese Restaurant, Craigengower Cricket Club (CCC) in Happy Valley. During the AGM, five Executive Committee members were elected: Mr Fung Wai Ying, Mr Ho Chi Wai Savio, Dr Ho Mook Lam William, Mr Wong Ping Yuen Fred and Mr Wong Yiu Shing Simon. After the AGM, the first Executive Committee Meeting was held which elected the office bearers, consultants and co-opted members.
Executive Committee for 2020/21
● President: Dr Ho Mook Lam, William FAIA ● Vice President : Mr Ho Chi Wai, Savio FAIA and Mr Wong Ping Yuen, Fred
FAIA ● Hon. Treasurer: Mr Hui Hon Chung,
William FAIA ● Hon. Secretary: Mr Tsui Chi Yuen,
Terence FAIA UK Representative: Mr Jong Koon Sang FAIA
Members of Executive Committee
● Mr Chan Chun Yu, Alex AAIA ● Ms Chan Mei Mei, May FAIA ● Dr Chan Ying Kwok FAIA ● Mr Chiu Ho Man, Ebony FAIA ● Ms Chu Choi Ha, Karen FAIA ● Mr Fung Wai Ying FAIA ● Mr Li Cheung Hung, James FAIA
Mr Lo Wing Hing, Simon FAIA Mr Wong Man Kit, George FAIA Mr Wong Yiu Shing, Simon FAIA
Co-opted Members
● Ms Cheung Chi Wai, Anna FAIA ● Mr Lok Tong Man, Tommy FAIA ● Mr Yeung Chik Hang, Antoninus AAIA
Congratulations to all who were elected and the AIA Hong Kong Branch on another successful year.
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