Hong Kong's HKMA enforces new bank rules for mainland Chinese accounts, requiring fund-source declarations and retroactive document reviews since January

Hong Kong banks are ramping up scrutiny of mainland Chinese clients opening accounts in crackdown on capital flight. Read more at straitstimes.com. Read more at straitstimes.com.

Hong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face tighter rules. Offshore account openings…

Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.

Hong Kong's HKMA enforces new bank rules for mainland Chinese accounts, requiring fund-source declarations and retroactive document reviews since January