The Hong Kong Securities Supervision Commission issued an Anti-Money Laundering/Terrorist Financing Circular to Licensed Corporations, Virtual Asset Service Providers and Associated Entities, which states that the United Nations Security Council (UNSC) Sanctions Committee, which administers the ISIL (Da'esh) and Al Qaeda sanctions regimes, removed an individual from its sanctions list on 23 August 2024 (New York time). Licensed corporations, virtual asset service providers licensed by the Securities Supervision Commission, and associated entities should update their screening databases in response to the above changes made by the Security Council Sanctions Committee to facilitate sanctions screening of customers and payments.