Fraudulent websites and internet banking login screens related to Nanyang Commercial Bank, Limited

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Nanyang Commercial Bank, Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.

     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks' websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).

     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the websites or login screens concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.




14 persons arrested during anti-illegal worker operations (with photo)

     The Immigration Department (ImmD) mounted a series of territory-wide anti-illegal worker operations codenamed "Twilight", and joint operations with the Hong Kong Police Force codenamed "Champion" and "Windsand", for four consecutive days from December 9 to yesterday (December 12). A total of 10 suspected illegal workers, three suspected employers and one suspected aider and abettor were arrested.

     During the anti-illegal worker operations, ImmD Task Force officers raided 13 target locations, including hotels, premises under renovation and restaurants. Two suspected illegal workers and one suspected employer were arrested. The arrested suspected illegal workers comprised one man and one woman, aged 38 and 41. One woman, aged 55, who was suspected of employing the illegal workers, was arrested.
 
     During operation "Champion", enforcement officers raided 24 target locations in Eastern and Western districts. Eight suspected illegal workers, two suspected employers and one suspected aider and abettor were arrested. The arrested suspected illegal workers comprised five men and three women, aged 29 to 57. Among them, two men and one woman were suspected of using and being in possession of a forged Hong Kong identity card. Two men, aged 29 and 41, who were suspected of employing the illegal workers, were arrested. One man, aged 65, who was suspected of aiding and abetting a person who breached the condition of stay in Hong Kong, was arrested. Among them, two suspected illegal workers and one suspected aider and abettor were handled by the ImmD.

     An ImmD spokesman said, "Any person who contravenes a condition of stay in force in respect of him or her shall be guilty of an offence. Also, visitors are not allowed to take employment in Hong Kong, whether paid or unpaid, without the permission of the Director of Immigration. Offenders are liable to prosecution and upon conviction face a maximum fine of $50,000 and up to two years' imprisonment. Aiders and abettors are also liable to prosecution and penalties. Under the prevailing laws, it is an offence to use or possess a forged Hong Kong identity card or a Hong Kong identity card related to another person. Offenders are liable to prosecution and upon conviction face a maximum fine of $100,000 and up to 10 years' imprisonment."
 
     The spokesman reiterated that it is a serious offence to employ people who are not lawfully employable. Under the Immigration Ordinance, the maximum penalty for an employer employing a person who is not lawfully employable, i.e. an illegal immigrant, a person who is the subject of a removal order or a deportation order, an overstayer or a person who was refused permission to land, has been significantly increased from a fine of $350,000 and three years' imprisonment to a fine of $500,000 and 10 years' imprisonment to reflect the gravity of such offences. The director, manager, secretary, partner, etc, of the company concerned may also bear criminal liability. The High Court has laid down sentencing guidelines that the employer of an illegal worker should be given an immediate custodial sentence.

     According to the court sentencing, employers must take all practicable steps to determine whether a person is lawfully employable prior to employment. Apart from inspecting a prospective employee's identity card, the employer has the explicit duty to make enquiries regarding the person and ensure that the answers would not cast any reasonable doubt concerning the lawful employability of the person. The court will not accept failure to do so as a defence in proceedings. It is also an offence if an employer fails to inspect the job seeker's valid travel document if the job seeker does not have a Hong Kong permanent identity card. Offenders are liable upon conviction to a maximum fine of $150,000 and to imprisonment for one year. In that connection, the spokesman would like to remind all employers not to defy the law by employing illegal workers. The ImmD will continue to take resolute enforcement action to combat such offences.
 
     Under the existing mechanism, the ImmD will, as a standard procedure, conduct an initial screening of vulnerable persons, including illegal workers, illegal immigrants, sex workers and foreign domestic helpers, who are arrested during any operation with a view to ascertaining whether they are trafficking in persons (TIP) victims. When any TIP indicator is revealed in the initial screening, the ImmD officers will conduct a full debriefing and identification by using a standardised checklist to ascertain the presence of TIP elements, such as threats and coercion in the recruitment phase and the nature of exploitation. Identified TIP victims will be provided with various forms of support and assistance, including urgent intervention, medical services, counselling, shelter or temporary accommodation and other supporting services. The ImmD calls on TIP victims to report crimes to the relevant departments immediately.

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SWD investigates suspected reselling of short-term food assistance

     The Social Welfare Department (SWD) said today (December 13) that, following a recent round of cyber patrols on various online trading platforms, the department has found that some service users are suspected of reselling hot meal coupons provided by the Short-term Food Assistance Service Teams (STFASTs). The relevant non-governmental organisations (NGOs) responsible for operating the STFASTs have reported the cases to the Police.
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     Eight STFASTs in Hong Kong provide basic short-term food assistance to help individuals and families facing immediate financial hardship cope with their daily food expenditures. The SWD emphasised that short-term food assistance is not transferable and cannot be resold or exchanged for money or other items. Should any irregularity or deception be found, the SWD will show no tolerance or leniency. Apart from immediately terminating the food assistance for the service users, the case will be referred to law enforcement authorities for investigation.

     The SWD has requested all operating NGOs to seriously remind their users about the service terms. The NGOs will continue to vigilantly check the usage of food coupons to ensure the proper use of public money.




Senior staff movement at Hong Kong Monetary Authority

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announced today (December 13) that the Executive Director (Research), Ms Lillian Cheung, will leave the HKMA on resignation for personal reason in May 2025. 
      
     Commenting on Ms Cheung's resignation, the Chief Executive of the HKMA, Mr Eddie Yue, said, "I would like to thank Lillian for her dedicated service and contributions to the HKMA's work over the years. My colleagues and I wish her all the best in her new journey."
      
     The HKMA will arrange an open recruitment for the post of Executive Director (Research). A separate announcement will be made after the completion of the selection process.




Government announces subscription and allocation results of retail infrastructure bond

     The Government announced today (December 13) the subscription and allocation results of the retail infrastructure bond.
      
     According to the subscription information submitted by placing banks and the Hong Kong Securities Clearing Company Limited (HKSCC), as at the close of the subscription period at 2pm on December 6, 2024, 127 594 valid applications were received for a total of HK$17,776,530,000 in principal amount of bonds.
      
     A breakdown of valid applications is as follows –
 

  Total number of valid applications Total amount of valid applications (HK$)
Placing banks 118 935 16,960,700,000
HKSCC
(including the subscription applications made through securities brokers)
8 659 815,830,000
Total 127 594 17,776,530,000

 
     Allocation is conducted in accordance with the mechanism set out in the Issue Circular dated November 26, 2024. All applications for 100 or fewer lots have been allocated the full amounts applied for, while applications for more than 100 lots have been allocated the maximum principal allocation amount of 100 lots. The final issuance amount of the retail infrastructure bond is HK$17,730,350,000.
      
     The retail infrastructure bond will be issued on December 17, 2024, and listed on the Stock Exchange of Hong Kong on December 18, 2024. Notifications on individual allocation results, applicable subscription moneys and amounts of any refund of application moneys will be made by the placing banks and the HKSCC in accordance with the schedule set out in the Issue Circular.