US says no banks linked to people sanctioned over Hong Kong crackdown
The US Treasury said on Friday it has not identified any foreign financial institution “that has knowingly conducted a significant transaction” since October 14 with individuals deemed responsible for China's crackdown in Hong Kong.
The Treasury assessment was required under a State Department report in October that put international banks on notice that they would face sanctions if they were found to be doing business with US-blacklisted officials in Hong Kong.
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