Anti-Financial Crime & Financial Crime Compliance
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Asia-Pacific, Banking, Financial Services

Hong Kong announces four-year-high in asset seizures for 2020 as top official warns the pandemic has changed how criminals launder money

Hong Kong financial crime authorities have released details on a busy 2020, with cash seizures in the billions and arrest numbers doubled compared to the previous year.

A total of HK$4.6 billion (€482 million) was seized in the last twelve months, the highest figure in four years according to customs officials.

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