The Hong Kong banking regulator has praised banks for initiating collaboration within the industry to share typological information for identifying money laundering risks. On Monday, the Hong Kong Monetary Authority (HKMA) shared the feedback from its thematic review of the use of external information and data to enhance anti-money laundering and counter-financing of terrorism (AML/CFT) systems. Carmen Chu, executive director…
HKMA commends banks for enhanced collaboration in AML info sharing
28 April 2021

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