Each year, an estimated US$2 trillion is laundered around the world, according to the United Nations. How much comes through Hong Kong? Photo: Shutterstock
Hong Kong is trying to shake its reputation as a haven for dirty money, but has it done enough?
- As the escalating US-China trade war puts Hong Kong in a tight spot, the city has stepped up efforts to put an end to money laundering
- Much has changed since Mr Clean toted cash-stuffed golf bags, but technological advances haven’t ended the practice
Topic |
Financial regulation
Each year, an estimated US$2 trillion is laundered around the world, according to the United Nations. How much comes through Hong Kong? Photo: Shutterstock