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Credit Suisse responds to SFC penalty

Credit Suisse says that it “fully cooperated” with Hong Kong’s Securities and Futures Commission in an investigation that led to the bank receiving fines totalling HK$39.3 million for internal control failures spanning 2003 to April 2017.  “Credit Suisse takes its regulatory responsibilities very seriously and has fully cooperated with the SFC during its investigation,” the bank’s spokesperson told Asian Private…

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