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Industrial News

Industrial NewsAdmin2023-07-19T21:03:12+08:00
  • Industrial News | 2024-09-27 |
    Hong Kong police arrest 50 in 7-day crackdown on scammers who stole HK$110 million

    Force highlights new ruse that targets those planning trips to Japan by offering fake currency exchange deals with favourable rates Hong Kong police have arrested 50 people in a seven-day [...]

  • Industrial News | 2024-09-03 |
    C&ED Disciplines Four Money Service Operators for Anti-Money Laundering Violations

    Hong Kong Customs takes disciplinary actions against four licensed money service operators for breaching statutory requirements The Customs and Excise Department (C&ED) today (September 3) took disciplinary actions, including issuing [...]

  • Industrial News | 2024-09-02 |
    Hong Kong police hunt for evidence after HK$110,000 burglary at currency exchange

    ‘A preliminary count shows around 100,000 yuan and several hundreds of Hong Kong dollars were stolen from the store,’ the force says Hong Kong police are poring over surveillance camera [...]

  • Industrial News | 2024-08-12 |
    Macau announces plan to criminalise illegal money exchanges

    Criminal penalties for illegal currency exchanges have been added to Macau’s “Law to Combat Gambling Crimes”. The amendment, to be reviewed in the upcoming legislative session, includes prison terms for [...]

  • Industrial News | 2024-07-26 |
    Hongkongers warned as scammers impersonate money changers, offer attractive exchange rates

    Police say they received eight reports of such money-exchange scams in the past two weeks, with financial losses exceeding HK$5.2 million Fraudsters are posing as money changers and offering attractive [...]

  • Industrial News | 2024-07-17 |
    Two Taiwanese men jailed over Hong Kong’s first-ever cash-smuggling case

    Two Taiwanese men were jailed on Wednesday for 28 and 30 months in Hong Kong’s first ever cash-smuggling case detected by customs, involving some HK$180 million. Freelancer Lu Hung-an, 53, [...]

  • Industrial News | 2024-06-30 |
    Japan to launch new banknotes on July 3, 1st design change in 20 yrs

    TOKYO (Kyodo) -- Japan will start issuing new banknotes on Wednesday, showcasing what it touts is the world's first use of cutting-edge holography that makes the portraits of historic figures [...]

  • Industrial News | 2024-06-09 |
    Failed attempted robbery at Fortress Hill currency exchange store results in arrest of two suspects

    9th June 2024 – (Hogn Kong) Last Monday evening, a 29-year-old female employee of a currency exchange store in Fortress Hill, bravely reported an attempted robbery. According to her account, [...]

  • Industrial News | 2024-05-13 |
    Beware of counterfeit ‘crossover’ banknotes

    Hongkongers once again have to be extra wary of counterfeit cash as a new version of a fake HK$500 banknote is now circulating in the market. A taxi driver recently [...]

  • Industrial News | 2024-04-18 |
    Three arrested for laundering HK$1.8 billion from cryptocurrency platforms to shell companies over two years

    The Hong Kong Customs and Excise Department has unearthed a sophisticated money laundering operation involving over HK$1.8 billion. This extensive scheme was orchestrated through shell companies and cryptocurrency exchanges, leading [...]

  • Industrial News | 2024-04-12 |
    Man suspected of using a gun to rob Kwun Tong money exchange shop

    A money exchange shop in Kwun Tong was robbed of some HK$177,000 by a man armed with a gun-shaped object on Friday afternoon. The incident occurred around 1 pm today when [...]

  • Industrial News | 2024-02-28 |
    Hong Kong police hunt 2 suspects who assaulted man, stole his bag containing HK$3.6 million at pedestrian underpass

    Robbers believed to have tailed victim, 60, for 35km before attacking him from behind in underpass Two suspects were wearing black clothes, masks and caps at the time of robbery, [...]

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  • Service Corner
    • Revision Pack
    • Course Corner
  • Services
    • New and Renewal License Application
    • Compliance Policy and Procedural Manual
    • Business Plan
    • Compliance Audit and Review
    • Institutional Risk Assessment
    • Customer Risk Assessment
    • Compliance Consultancy
    • Compliance and Anti-Money Laundering Training
    • Corporate Training
    • Competence Assessment Training
  • Industries
    • Money Service Operators (MSO)
    • Dealers in Precious Metals and Stones (DPMS)
    • Trust or Company Service Provider (TCSP)
    • Licensed Money Lenders
  • License For Sale
  • News
    • Money Service Operators (MSO)
    • Dealers in Precious Metals and Stones (DPMS)
    • Trust or Company Service Provider (TCSP)
    • Licensed Money Lenders
    • Virtual Asset Over The Counter (VA OTC)
  • Legislation
    • Ordinance
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