Hong Kong fines ICBC, UBS units, others US$5.7m for anti-money laundering breaches

Updated: Jan 31

A Business Times article

Take away: Regulators don’t limit their reach to new customer onboarding, all existing customer accounts are subject to KYC and AML regulations. Marina is the productivity tool you need to tackle your remediation backlog. Get in touch via hello@marinadata.io to see how we can help. https://www.businesstimes.com.sg/banking-finance/hong-kong-fines-icbc-ubs-units-others-us57m-for-anti-money-laundering-breaches

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