HKMA fines JPMorgan Hong Kong branch over anti-money laundering lapses

The Hong Kong Monetary Authority (HKMA) said on Friday that it had fined the Hong Kong branch of JPMorgan Chase & Co HK$12.5 million ($1.60 million) and reprimanded it for breaching anti-money laundering and counter-terrorist financing rules.

from Reuters: Business News https://reut.rs/2CDUL3x