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Hong Kong Plans Money Flow Scrutiny of Chinese Officials.
- Source :
- Bloomberg.com; 2/14/2021, pN.PAG-N.PAG, 1p
- Publication Year :
- 2021
-
Abstract
- (Bloomberg) -- Hong Kong plans to expand scrutiny on capital flows and transactions by Chinese officials, according to a recent consultation paper on anti-money laundering. As part of the proposals, Hong Kong seeks to tighten requirements for virtual asset trading operations and introduce a two-tier registration regime for business dealings in precious-asset-based instruments, according to the consultation paper. [Extracted from the article]
- Subjects :
- DUE diligence
CAPITAL movements
ASSET requirements
FINANCIAL risk
MONEY laundering
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 148698921