HSBC in Hong Kong is stepping up its compliance procedures as part of the deferred prosecution agreement with the US Department of Justice. Photo: AFP

HSBC’s new compliance rules require clients to provide more account information

Increased information disclosure is part of bank’s rigorous compliance plan to meet enhanced anti-money-laundering requirements in the US and Europe

Topic |   Regulation

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HSBC in Hong Kong is stepping up its compliance procedures as part of the deferred prosecution agreement with the US Department of Justice. Photo: AFP
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