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Private Wealth
Regulations

Banks “have no choice” when receiving account freezing orders from law enforcers

16 December 2020
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Banks in Hong Kong have taken a fair amount of flak following their freezing of a number of bank accounts of prominent people and organisations without providing a reason. Citing suspicions of money laundering, the Hong Kong police over the past few weeks asked banks to freeze the accounts of former Democratic Party lawmaker Ted Hui and his family members…

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Most popular articles

  1. Senior UBS GWM executive Dominique Boer to exit Singapore role
    26 June 2026
  2. Julius Baer boosts Hong Kong bench with rival bank hires
    9 July 2026
  3. UBS veteran Dino Rinaldi retires after decades-long career
    29 June 2026
  4. HSBC PB taps ex-DBS private banker to strengthen Taiwan push
    30 June 2026
  5. Two UBS private bankers join Singapore multi-family office
    2 July 2026

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