2 Photos
The Financial Intelligence and Investigation Bureau (FIIB), in collaboration with the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB), organised the Anti-Money Laundering (AML) Exhibition cum AML Think Tank Inauguration at Plaza Hollywood in Diamond Hill from June 20 to 21. During the event, appointment certificates were presented to 40 AML Ambassadors. The activity attracted thousands of participants.
The core mission of the AML Think Tank is to leverage the expertise of the Force, regulatory bodies and the industry to develop publicity strategies which are more innovative and engaging, with the aim of bringing AML and anti-fraud messages into schools, communities, and every household.
In his speech, Commissioner Chow Yat-ming stated that over 9 400 deception cases were recorded in the first quarter of this year, with monetary losses exceeding HK$1.8 billion. During the same period, approximately 2 000 persons were arrested for fraud or money laundering, with around 70 per cent of them being stooge account holders. The Commissioner emphasised that money laundering is at the core of the fraud industry chain and prevention must start at the source. He also urged the public “Don’t rent, don’t lend, don’t sell your bank accounts”, warning against becoming accomplices to scammers out of greed for small gains.
The FIIB has continuously promoted AML education through professional training, creative publicity campaigns and targeted measures, including regularly organising the “AML Month”, and producing the comic book “The Dirty Money Trap”, the educational booklet “Black and White”, and the microfilm “Your Life, Your Choice”.
