The money was laundered by reselling precious metals. The case is the largest-ever money laundering case for Hong Kong Customs.
October 27, 2022The bill enables law enforcement to inspect the IWT-associated financial flows of individuals and companies and confiscate their proceeds of crime.
August 19, 2021The bill will seek to incorporate wildlife crimes into Hong Kong's Organised and Serious Crimes Ordinance, allowing authorities to follow the money and prosecute syndicate leaders.
November 9, 2020According to updated HKMA guidance, suspected breaches of the national security law should be treated the same as AML/CFT violations and be reported to the JFIU as STRs.
October 21, 2020