HKMA - Hong Kong Monetary Authority

The Monetary Authority takes disciplinary actions against four banks ( ICBC was fined HK$20.7 million. UBS HK was fined HK$9 million. China Construction Bank (Asia) was fined HK$8.5 million. CTBC Bank Hong Kong was fined $6 million) for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.


Published on Nov. 19th, 2021 Published on Nov. 19th, 2021
Scenario: Conduct / Breach of AML, Terrorism Financing or Sanctions Regulations

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