Client onboarding: HKMA attempts KYC clarification
The clarifications come at a time when Hong Kong banks are under increased scrutiny for refusing to onboard corporate clients.
The Hong Kong Monetary Authority has released a series of frequently asked questions regarding customer due diligence (CDD) regulations in an attempt to make clear how HKMA legal and regulatory requirements related to CDD should be interpreted by financial institutions.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
