The Hong Kong Securities and Futures Commission issued a notice to licensed entities and corporations concerning changes to the jurisdiction’s sanctions regime.
Eddie Yue, the Chief Executive of the Hong Kong Monetary Authority, delivered the keynote speech at the Hong Kong Institutes of Bankers Annual Conference on the financial sectors’ goals for the year.
Former high-ranking Maltese official arrested, OFAC targets Cuba and Iran, and more, in the midweek roundup.
Publication of Swiss report into AML lapses at Credit Suisse delayed, Italian regulators allow ING to onboard domestic clients after 18-month pause, and more, in the weekly roundup.
The Hong Kong Securities and Futures Commission issued an order banning Joanna Chu Lai Wa, former director and responsible officer of Shenzhen, China-based Guosen Securities (HK) Brokerage Company, Limited for her failure to implement adequate AML/CTF controls.
Hong Kong’s Securities and Futures Commission penalized Guotai Junan Securities (Hong Kong) Limited HK$25.2 million for anti-money laundering violations that included improper handling of third party transfers and late reporting.
|Compliant : 11||High : 0|
|Largely Compliant : 25||Substantial : 6|
|Partially Compliant : 4||Moderate : 5|
|Non-Compliant : 0||Low : 0|
|Rank : 80/141|
|Score : 4.99/10|
|Rank : 16/180|
|Score : 76/100|
|Rank : 4/133|
|Score : 66/100|