JPMorgan’s Hong Kong unit had self-identified and reported certain deficiencies, and had undertaken remediation work, the HKMA said. Photo: AFP
JPMorgan’s Hong Kong unit had self-identified and reported certain deficiencies, and had undertaken remediation work, the HKMA said. Photo: AFP

JPMorgan fined by Hong Kong watchdog over money laundering controls

  • JPMorgan Hong Kong violated six provisions of the rules between April 2012 and February 2014, the HKMA said

JPMorgan’s Hong Kong unit had self-identified and reported certain deficiencies, and had undertaken remediation work, the HKMA said. Photo: AFP
JPMorgan’s Hong Kong unit had self-identified and reported certain deficiencies, and had undertaken remediation work, the HKMA said. Photo: AFP
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