Money Laundering

The verdict in former Birmingham City soccer club boss Carson Yeung's money-laundering trial is due on February 28. Photo: Sam Tsang

Hong Kong to tighten anti-money-laundering rules

The government aims to toughen Hong Kong's rules against money laundering so as to obtain a good rating in a review by the Financial Action Task Force in two years' time and bolster the city's reputation as an international financial centre.