StanChart Told to Probe Suspicious Credit Card Charges in HK

  • HKMA requires bank to conduct investigation, protect customers
  • StanChart says no indication of data leak on customers
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Hong Kong’s regulator asked Standard Chartered Plc to conduct an investigation after more than a hundred local customers complained about unauthorized credit card transactions.

The Hong Kong police as of late Thursday had received 159 complaints related to the transactions, which are now being investigated by the Commercial Crime Bureau, according to a police spokesperson.