Private banks providing trust services to face new wave of AML scrutiny

1 March 2018 | 3 minutes read

Private banks in Hong Kong, and especially those with trust services as a key offering, should prepare for an increase in regulatory scrutiny, with the Hong Kong Monetary Authority’s (HKMA) updated anti-money laundering ordinance coming into effect today. Legislators, over the past few years. have taken steps to update Hong Kong’s anti-money laundering and terrorist-financing legislation to address recommendations stemming…

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].

Have a confidential tip? Get in touch [email protected]