Angels for Children Limited (“Angels For Children”) was established in 2009 and is a Hong Kong registered non-for-profit run on an entirely voluntary basis that supports key projects by partner charity organisations to improve children’s lives in South East Asia. Angels For Children is currently partnered with Bali Kids, Sunrise Cambodia, Po Leung Kuk and Society for Community Organization. The projects and work involved with partner charity organisations often include direct engagement with children under their care.
This Policy was approved by the Directors as of the 15th May 2018 and will be reviewed not later than 2021.
This Policy gives guidance on what Angels for Children trustees and staff are expected to do to ensure that the charity fulfils its legal obligations to help counter money laundering and counter-terrorist funding. All charities are at risk of being exploited by criminals and terrorists. Money laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activity. There are legal obligations for reporting suspected money laundering and the suspected provision of support to terrorist organisations. Anyone who breaches these obligations could face criminal sanctions.