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AML-related breaches tripled YoY in Q2: SFC

The Securities and Futures Commission (SFC) recorded a growing number of AML-related breaches in Q2 — three times as many as a year prior, according to the watchdog’s quarterly report released on Monday. The regulator’s latest report covers its activities between April and June this year, including the thematic review on prime brokerage services, the announcement of guidance on remote onboarding…

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