The Hong Kong Customs and Excise Department (the C&CE) has implemented Competence Assessment to ensure that the senior management of a licensed Money Service Operator (MSO) in Hong Kong has a fundamental knowledge and clear understanding of anti-money laundering and counter-financing of terrorism (AML/CFT).
Failure of a license applicant/ a licensee to attend or pass the Assessment may result in refusal of the license application. Each Assessment set comprises 35 multiple-choice questions in Chinese or English languages, and there is only one correct answer for each question. Candidates are required to complete the Assessment in 1 hour and 15 minutes. The Assessment is composed of seven modules and each module consists of five multiple-choice questions.
To obtain a “Pass” in the Assessment, the candidate must not make more than two mistakes in each module AND attain a total score of 25 or above for the entire Assessment paper.
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PLEASE NOTE THE DISCLAIMER AT THE END OF THIS ASSESSMENT.
MOCK Assessment Instructions
• Please read all questions carefully.
• The questions are available online only (no paper copies will be provided).
• The Mock Assessment question set is designed to support your revision and preparation. It is one of the steps you may take to familiarize yourself with the exam format.
• Important: These questions do not represent the actual MSO Assessments conducted by the Hong Kong Customs. They are intended solely as practice and revision exercises.
• You should continue to study the relevant materials, laws, and guidelines independently to prepare for the actual Assessments.
• CompliancePlus cannot guarantee that completing the Mock Assessments will result in passing the actual Assessments.
Technical Requirements
• For best performance, take the online Mock Assessment using the Google Chrome browser on a PC.
• Apple products (including iPads, Chromebooks, and mobile phones) may not provide stable access to the platform.
• CompliancePlus is not responsible, and no refunds will be issued, if a candidate’s computer hardware, browser, or internet connection does not support the online testing platform.