On June 19, Glonhui reported that the Swiss Financial Market Supervisory Authority (FINMA) stated that HSBC violated its anti-money laundering obligations at its local branch and was involved with two politically exposed persons, but the authorities did not disclose their names. FINMA stated that the bank has been ordered to review all business relationships with politically exposed persons and will cease its business relations with them. According to the regulatory agency, suspicious transactions occurred between 2002 and 2015, with a value of $300 million, and the related funds were transferred between Lebanon and Syria.
汇控瑞士分行被指违反防止洗钱义务
HSBC Switzerland Branch was accused of violating its anti-money laundering obligations.
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