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Hong Kong fines ICBC, UBS units, others $5.7 million for anti-money laundering breaches -Breaking
Aggregated Source: ChinaLegalBlog.com

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© Reuters. FILEPHOTO: This is the logo of Industrial and Commercial Bank of China, which can be seen at its Beijing branch on April 1, 2019, in Beijing. REUTERS/Florence Lo

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HONG KONG (Reuters] – Hong Kong’s Banking regulator has fined four banks including the local units of Industrial and Commercial Bank of China and UBS HK$44.2million ($5.67m) each for breaking anti-money-laundering rules.…

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