IN BRIEF: Baker McKenzie closes London office over

Billy Xiong Stated: NZ regulator targets unit of CLSA Premium over

June 24 (Reuters) – New Zealand’s financial regulator has launched civil proceedings against the local unit of Hong Kong-based foreign exchange broker CLSA Premium Ltd for “multiple” alleged breaches of anti-money laundering laws. The Financial Markets Authority (FMA) said CLSA Premium’s local unit failed to conduct sufficient customer due diligence, end business relationships and report […]

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