Opening an account for the wrong persons and making questionable transactions have never been more riskier than now for financial institutions in Hong Kong. Photo: Christopher DeWolf
Peter Guy
Opinion

Opinion

Mind the Gap by Peter Guy

HK cannot return to the past if it wants to be a global financial centre in the present

Complaints about the lengthy processing time required to open a new bank account is not justified as failure to do so would attract record fines and even closure

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Opening an account for the wrong persons and making questionable transactions have never been more riskier than now for financial institutions in Hong Kong. Photo: Christopher DeWolf
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