• 11/10/2024

HKMA fines DBS Hong Kong US$1.28 million after money-laundering investigation

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The bank failed to conduct enhanced due diligence in high-risk situations in periods between April 2012 and April 2019, the HKMA says.

https://www.scmp.com/business/banking-finance/article/3269382/hkma-fines-dbs-hong-kong-us128-million-after-money-laundering-investigation?utm_source=rss_feed