Asian regulators bare teeth in anti-money laundering enforcement

Financial institutions in the region are feeling the heat from increasingly aggressive regulatory actions following landmark AML cases involving Hong Kong and Chinese banks

9 minute readJanuary 15, 2018 at 02:46 AM

Katherine Jo

Back in 2012, British banking giant HSBC agreed to pay a record $1.92 billion settlement after a broad investigation by U.S. federal and state authorities found it to have violated

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