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Wednesday, Jul 06, 2022
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Hong Kong fines ICBC, UBS units, others $5.7 mln for anti-money laundering breaches
Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China (601398.SS) and UBS (UBSG.S), a combined HK$44.2 million ($5.67 million) for breaches of anti-money laundering rules.
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