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Industry trade group calls for banks to collaborate on KYC framework

Taking a collaborative approach to KYC requirements in Hong Kong can benefit peer banks. This is one of the findings of an industry report on client onboarding and KYC refresh practices in Hong Kong released by the Asia Securities Industry and Financial Markets Association (ASIFMA) today. Titled ASIFMA Hong Kong Common Practices for Client Onboarding and Refresh, the report was…

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