Westpac fined HK$4m in Hong Kong for late customer reviews

The Hong Kong branch of Westpac Banking Corporation is to pay a HK$4 million (US$510,000) penalty after the regulator found it fell behind with periodic reviews of customers between 1 June 2016 and 31 May 2017.

The Hong Kong branch of Westpac Banking Corporation is to pay a HK$4 million (US$510,000) penalty after the regulator found it fell behind with periodic reviews of customers between 1 June 2016 and 31 May 2017.