Raymond Chan

New Business

HKMA takes action against 3 banks over money laundering, counterterrorism rules

The Hong Kong Monetary Authority (HKMA) on Tuesday took disciplinary action against three banks for failing to comply with regulations…

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New Business

Hong Kong’s SFC fines Hang Seng Bank US$8.5 million for misconduct

Hong Kong’s markets watchdog has fined Hang Seng Bank HK$66.4 million (US$8.5 million) for regulatory failures and overcharging clients. The…

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