Common Law

HSBC has been convicted in the media of money laundering in Mexico because it handled money that the US Drug Enforcement Agency has made the world believe comes from drug trafficking, although the DEA brought no such charges. Photo: Reuters

Rule of law suffers when Hong Kong targets money laundering

Hong Kong's efforts to tackle money laundering are under increasing strain due to a surge in the number of suspicious transactions being reported and concerns over a brain drain of investigators to the private sector.