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Transaction record keeping

Hong Kong Customs fines licensed MSO HK$328,000 for KYC and record keeping violations

Hong Kong Customs issues KYC and record keeping violations 32.8 10,000 HKD fine

2025Hong Kong Customs issued a record 328,000 fines to MSOs in November。Hong Kong Xintong-In-depth analysis of KYC deficiency、Money laundering criminal risks arising from improper record keeping and unlicensed operation of social platforms。
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Hong Kong and Chinese team · Senior financial compliance experts