[ap-intact] INFO: Hong Kong banks could face fines in anti-money laundering law compliance probe

Some banks in Hong Kong may have failed to meet the city's anti-money laundering requirements and could potentially face multimillion-dollar fines, Hong Kong Monetary Authority deputy chief executive Arthur Yuen Kwok-hang said.

Read the story by Enoch Yiu, in South China Morning Post. http://www.scmp.com/business/banking-finance/article/1816065/banks-could-face-fines-anti-money-laundering-law-compliance

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