Financial Crime Financial Crime

Comment: US sanctions leave Hong Kong's banks between a rock and a hard place

By Ben Lucas
  • 11 Aug 2020 05:56
  • 12 Aug 2020 01:38
The latest sanctions announced by the US against 11 officials in Hong Kong leave the city’s banks between a rock, the US sanctions regime, and a hard place, China’s new National Security law for Hong Kong.

On Friday, the US Department of the Treasury imposed sanctions on 11 officials for “undermining Hong

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