Halister News

(Bloomberg) -- HSBC hired 7,000 compliance people globally since end-2014 to meet new standards against money laundering and financial crime, Asia-Pacific CEO Peter Wong tells The Bulletin, monthly magazine published by Hong Kong General Chamber of Commerce.

• Corporate applicants need to fulfill all requirements to set up an account
  • “We need to know all about the company’s business -– where is the money coming from, what businesses is the company dealing with, and where is the money going?”