ChinaThe Hong Kong Monetary Authority published a thematic review of authorized institutions’ transaction monitoring systems which highlights the use of artificial intelligence to optimize performance.
China’s Ministry of Foreign Affairs announced countermeasures against U.S. companies for their involvement in arms sales to Taiwan.
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The Hong Kong Monetary Authority disciplined a branch of the Taipei, Taiwan-based financial institution for breaching the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.
The Hong Kong Securities and Futures Commission suspended Andy Wong Yeung, the former director and responsible officer in charge of overall management oversight of City International Futures (Hong Kong) Limited, until Nov. 8, 2024.
| Technical | Effectiveness |
|---|---|
| Compliant : 9 | High : 0 |
| Largely Compliant : 22 | Substantial : 3 |
| Partially Compliant : 5 | Moderate : 4 |
| Non-Compliant : 4 | Low : 4 |
Pakistan's technical compliance was re-rated in a Nov. 29, 2022 follow-up report
| Rank : 94/110 |
| Score : 6.7/10 |
| Rank : 78/179 |
| Score : 42/100 |
| Rank : 25/133 |
| Score : 60/100 |