The chief executive of the Hong Kong Monetary Authority (HKMA) is visibly unhappy with the manner in which some financial practitioners are risk profiling clients, labelling due diligence practices in Hong Kong “disproportionate”. “Recently, some AIs [authorised institutions] may have applied stringent customer due diligence measures that are disproportionate to the likely risk level of the customers, resulting in many unsuccessful…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
