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U.S. says no banks linked to individuals sanctioned over Hong Kong crackdown By Reuters

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WASHINGTON (Reuters) – The U.S. Treasury mentioned on Friday it has not has not recognized any overseas monetary establishment “that has knowingly carried out a big transaction” since Oct. 14 with people deemed liable for China’s crackdown in Hong Kong.

The Treasury evaluation was required below a State Division report in October that put worldwide banks on discover that they might face sanctions in the event that they had been discovered to be doing enterprise with U.S.-blacklisted officers in Hong Kong.

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