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UBS faces allegations of ties to sanctioned Chinese military firms

FuW has accused UBS of having questionable ties to sanctioned Chinese military firms, specifically through investments in Avic Xi" and Hikvision via joint ventures. UBS asserts that it adheres to US regulations, stating that these investments do not violate sanctions as they involve no US persons. The bank maintains that it has strong compliance measures in place.
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United States Dollar Avic Xi UBS Hikvision CHN USA Show more
TradFi, News Article
22:30 18.11.2024
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