International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg
International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg

Preparing for the worst, banks in Hong Kong reviewing client lists as US preps sanctions over national security law

  • Client lists examined periodically as part of compliance functions, but Hong Kong Autonomy Act has accelerated reviews
  • Banks are examining prior American sanctions to game plan the potential path for any US actions, sources say

Topic |   Banking & Finance
International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg
International banks in Hong Kong are reviewing their client books in anticipation of potential American sanctions against government officials and others related to a controversial national security law for the city. Photo: Bloomberg
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