Insight

Compliance in Chinese banks: playing catch-up

June 2018
read full article

While Chinese regulators have made it clearer than ever that anti-money laundering (AML) is a major priority for the People’s Bank of China (PBOC), recent enforcement actions in the US and European Union against Chinese banks point to a different picture regarding AML compliance in these institutions.  AlixPartners Managing Director Sven Stumbauer provides commentary to Ethical Boardroom on compliance in China, using AlixPartners’ 2017 Global Anti-Money Laundering and Sanctions Compliance survey.

Meet the Author