A total of US$8.14 billion in anti-money laundering penalties for 58 AML-related breaches were issued globally in 2019, according to automated Know-Your-Customer solutions company Encompass Corporation.
9%
Hong Kong people put aside about 9 percent of their savings in the MPF and other pension plans, while around 53 percent of their savings goes into bank deposits and 21 percent in stock investments.
31%
The average hourly fees public companies pay to external auditors in the United States has increased by 31 percent over the past decade to US$283 in 2018, according to a new survey from the Financial Education & Research Foundation.
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