Commercial Crime Bureau (CCB) Senior Superintendent (SSP) Kong Man-keung led a delegation of three officers on a visit to Beijing from February 29 to March 2, calling at the Economic Crime Investigation Department (ECID) of the Ministry of Public Security (MPS) as well as regulatory authorities in banking and securities. The delegation also had discussions on combating economic crimes, strengthening cross-boundary co-operation, intelligence exchange and personnel training.

The delegation first called at the ECID and met Deputy Director Deng Zhao-feng and division heads. During the meeting, both sides gave briefings on each other's updated economic crime situations and trends, and discussed the problems and challenges of investigation.

The delegation also visited the China Securities Regulatory Commission and had discussions on the challenges brought by implementation of the Shanghai-Hong Kong Stock Connect and the proposed Shenzhen-Hong Kong Stock Connect.

Finally, the delegation paid courtesy calls on the People's Bank of China and the China Banking Regulatory Commission to get an insight into their roles in supervising banks and preventing financial and economic crimes. Both parties also discussed the complexity of the prevailing money laundering activities related to economic crimes.

The Force hopes the liaison with other regulatory authorities and the MPS would be strengthened. In view of different legal systems and financial laws, both sides also explored the feasibility of learning from each other for tackling economic crimes more effectively.