Hong Kong Monetary Authority
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Exclusive: Punjab National Bank likely to shut down Hong Kong branch amid rising NPAs in big borrowers' accounts
Yatishyadav •Punjab National Bank, which was defrauded by diamantaire Nirav Modi and Mehul Choksi, is reviewing the performance of its overseas banking operation
PNB fraud: Hong Kong banking regulator cracks down on Indian lenders operating in the SAR over suspected irregularities
Yatishyadav •Barring the SBI and a private bank, almost all Indian banks in Hong Kong have been subjected to a review and supervisory measures by the Hong Kong Monetary Authority (HKMA)
Hong Kong branches of PNB, IOB under supervisory oversight as capital ratio slip below RBI norms
•Hong Kong-based branches of Punjab National Bank and Indian Overseas Bank have been put under enhanced supervisory oversight and barred from proactively soliciting customer deposits by the Hong Kong Monetary Authority as the capital adequacy ratio of the two lenders fell below the regulatory requirements
Punjab National Bank fraud: Hong Kong Monetary Authority enhances supervision of lender's HK branch
•State-owned Punjab National Bank (PNB) on Wednesday said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch
Unravelling PNB rot: Hong Kong module in over Rs 13,000 cr scam comes under India scanner
Yatishyadav •The Firstpost investigation revealed that PNB's board, audit committee and banking regulator, Reserve Bank of India (RBI) had approved little-known Chinese audit firms
Hong Kong fines SBI for anti-money laundering law violation
Fp Archives •The HKMA was given powers in 2012 to supervise banks' compliance with Hong Kong's anti-money laundering law, introduced in the same year.