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 [...]

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 [...]

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, [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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, [...]

In recent years, all major international financial centres have been promoting digitalisation of financial services which brings us convenience and a new customer experience.  At the same time, criminals have [...]

Suspects include owner of money exchange company and her two siblings, source familiar with case says Money changer allegedly dealt with suspicious remittance transactions through 12 bank accounts of shell [...]

Proposed anti-money laundering rules are part of a broader drive to lift standards in the city-state’s burgeoning single-family office industry. Singapore has in the past two years attracted hundreds of [...]