In the wake of the Panama Papers leak, which exposed a staggering 4,902 intermediaries in Hong Kong alone, private banks throughout the region are under increasing pressure to monitor the activities of politically exposed persons (PEPs), say financial services and disputes investigation lawyers from Eversheds. “With close to 60,000 names exposed from the data leak as a result of the Panama Paper exposé,…
Panama Papers leak will continue to impact private banks, says law firm
