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 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
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

Topic |   Banking & finance
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 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
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
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