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SFC Lending Compliance

Financial card care question

Hong Kong moneylender bank supports rich man in concocting "click on click" bomb

The investigation found that Hong Kong finance companies bundled properties and then mortgaged them to banks through the "mortgage-in-mortgage" model,Bank of East Asia becomes major funding provider,Bypassing the Hong Kong Monetary Authority’s supervision。Owners may face double credit risk without knowing it,Lack of supervision of financial companies creates systemic risks。
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Hong Kong and Chinese team · Senior financial compliance experts