Attention TV/radio announcers: Please broadcast the following as soon as possible: Here is an item of interest to swimmers. The Leisure and Cultural Services Department announced today (November 23) that due to bi… read more
The Social Welfare Department (SWD) has been informed by the three flag day organisers that the regional flag-selling activities in public places scheduled to be held today (November 23) have been cancelled, a spokesman for the SWD … read more
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) hosted the first Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Regulatory Technology (RegTech) Forum today (November 22).
The event gathered various stakeholders in Hong Kong’s AML/CFT regime and was attended by around 400 representatives of banks as well as government agencies, financial regulators and law enforcement agencies, together with global experts and firms in the application of technology, including artificial intelligence and data analytics. Participants shared insights in grasping opportunities for the use of innovative technology to enhance the efficiency of both banks and the wider AML/CFT ecosystem.
Welcoming the group, the Deputy Chief Executive of the HKMA, Mr Arthur Yuen, said, “The Forum, building on the positive results of the recent Financial Action Task Force evaluation of Hong Kong’s AML/CFT regime, brings together the banking and technology sectors and stakeholders to further enhance effectiveness, which requires vision and aspiration because there are always new and emerging risks; criminals will exploit new technology to create terrible harm.”
“The HKMA and the banking sector will continue to contribute to AML/CFT efforts in Hong Kong, and through our supervisory processes, regulations and guidance, we support ‘efforts to innovate and fully grasp the benefits of RegTech.” Mr Yuen added.
In a series of panels and break-out sessions, participants shared experience and expertise in the application of Regtech to AML/CFT work in the banking sector and explored further collaboration among banks and various stakeholders. Three break-out groups, namely “Accelerators”, “Enablers” and “Collaborators”, will keep up the momentum collectively by focusing on the following efforts in the next six to twelve months:
The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department today (November 22) said that while following upon the incident that a kind of bottled tea beverage imported from Japan was suspected to be not properly sealed and might pose a risk to consumers, the CFS found that three more importers had imported the affected batches of the product. The CFS is following up on the incident.
Product details are as follows:
Product name: Not available in English
Place of origin: Japan
Manufacturer: Kirin Beverage Company, Limited
Volume: 430 millilitres per bottle
Lot Codes: 2020.4.30�S and 2020.6.20�S
A CFS spokesman said, “CFS’ further investigations found that three more importers, KITI COMPANY LIMITED, Matsuzaka Limited, and Ever Gain & Omori Forwarding Ltd, had also imported and sold the abovementioned affected batches of the product. The importers concerned removed from shelves and stopped sale of the affected batches of the product and initiated a recall according to CFS’ instructions. Enquiries about the recall can be made to the hotlines of the importers concerned during office hours: KITI COMPANY LIMITED at 3162 0042, Matsuzaka Limited at 9839 0982, and Ever Gain & Omori Forwarding Ltd at 2311 7986.”
The CFS will alert the trade to the incident, continue to follow up and take appropriate action. Investigation is ongoing. read more
The Registration and Electoral Office (REO) today (November 22) announced that, after a risk assessment, the polling station at Simon and Eleanor Kwok Building, Lingnan University, at the Tuen Mun District Council Fu Tai C… read more