Hong Kong Rated “Compliant” by Financial Action Task Force but Room for Improvement Remains
The latest Financial Action Task Force (FATF) Hong Kong Mutual Evaluation Report, the fifth Hong Kong has undergone, was released on 4 September 2019. As we anticipated in July, Hong Kong was rated “compliant and with a substantial level of effectiveness overall.” The rating is directly attributed to Hong Kong’s strong legal foundation and effective […]
