South China Morning Post
Hong Kong is trying to shake its reputation as a haven for dirty money, but has it done enough?
Bruce Aitken, aka Mr Clean, had it easy when he trotted around the globe laundering millions of dollars in the late 1970s and 80s. All he needed was a plane ticket and his golf bag.
As few as eight years ago, financial-crime teams at banks were relatively modest, according to Ian Morrison, a director at executive search firm Arion House. “These teams have grown astronomically,” he says. Major banks might have once had a handful of people dealing with financial crime in a city such as Hong Kong.