Banks in Hong Kong will be required to report transactions suspected of violating a controversial national security as they would incidents of suspected money laundering or terrorism financing. Photo: Sun Yeung
National security law: Hong Kong banks told by HKMA to report suspicious transactions
- New advice tells banks to report suspected national security violations as they would report incidents of money laundering, terrorism financing
- Controversial law targets acts of secession, subversion, terrorism and collusion with foreign forces
Banks in Hong Kong will be required to report transactions suspected of violating a controversial national security as they would incidents of suspected money laundering or terrorism financing. Photo: Sun Yeung
