Compliance Huawei executive Meng Wanzhou case

This title is printed to order. This book may have been self-published. If so, we cannot guarantee the quality of the content. In the main most books will have gone through the editing process however some may not. We therefore suggest that you be aware of this before ordering this book. If in doubt check either the author or publisher’s details as we are unable to accept any returns unless they are faulty. Please contact us if you have any questions.

Compliance is a very risky field to work in. Former FBI head James Comey was a board member of HSBC untilo he becamehead of the FBI. HSBC was later fined for money laundering for Latin American drug cartels in that period, but no criminal charges were brought.

‘Chief Financial Officer Meng Wanzhou iwas arrested in Vancouver, Canada while changing planes en route to Mexico from Hong Kong.

Department of Justice alleges that she mislead American banks about the true relationship between a Hong Kong company called Skycom and Huawei, a company founded by her father, with alleged close ties to the Chinese military.

This brought the banks into possible violation if American-EU sanctions against Iran.

Ms Meng is facing a hearing on possible extradition to the United States for trial.