CCB hosts bank fraud seminar
As part of its ongoing outreach programme of publicity and awareness to local banks and financial institutions, Commercial Crime Bureau (CCB) hosted a "Due Diligence and Compliance" Bank Fraud Seminar in Police Headquarters on March 15.
CCB Chief Superintendent (CSP) Stanley Chung officiated at the opening of the seminar and welcomed many financial professionals from the banking sector. The 200 participants came from compliance, training, frontline supervision and business intelligence areas.
With the aim of sharing crime trend information with working level staff, the specific objectives of the seminar were to heighten finance professionals' awareness of the common tactics employed by both syndicates and individuals in committing bank frauds and money laundering. The seminar offered advice on how the audience's due diligence and compliance systems can help prevent such illegal activities.
Besides CCB and Joint Financial Intelligence Unit officers, an expert from Immigration Department, Mr Raymond Lo, and experienced anti-money laundering professional from HSBC, Mr Simon Leung, attended the seminar as guest speakers.
The seminar concluded with CSP Chung presenting certificates of appreciation to several bank staff members for assisting in cracking and preventing commercial crimes involving transnational frauds.
Noting that engaging the community in the fight against crime remains one of the top priorities of the Force, CSP Chung said CCB, in hosting the seminar, aimed to continue to help foster collaboration and support and a framework of mutual assistance between the Force and the financial sector in preventing and detecting commercial crimes.
Mr
Chung presents a certificate of appreciation to a bank staff member