Senior Superintendent Kong Man-keung and Senior Inspector Yeung Hiu-tung of the Commercial Crime Bureau (CCB) took part in the 34th Cambridge International Symposium on Economic Crime at the University of Cambridge, the United Kingdom (UK), from September 4 to 8.

The symposium, with the theme of "Economic Crime - where does the buck stop? Who is responsible - facilitators, controllers and/or their advisers?" this year, had brought together ministers, legislators, regulators, law enforcers and scholars from over 100 countries and regions to share their experience and insights, especially on cross-sectoral co-operation in cracking down on serious economic crimes.

The two CCB officers took the opportunity to call on the Economic Crime Command of the National Crime Agency (NCA) in London. NCA officers briefed them on the latest development of the Joint Money Laundering Intelligence Taskforce (JMLIT), a pilot project developed by the UK Home Office, NCA, Financial Conduct Authority, British Bankers' Association and other financial institutions to provide a platform for the local financial industry and law enforcement agencies to exchange and analyse intelligence for thwarting economic crimes.

Meanwhile, CCB, the Narcotics Bureau, Hong Kong Association of Banks, Hong Kong Monetary Authority and leading financial institutions are preparing for establishing a similar intelligence exchange platform with a view to strengthening the efforts to fight against money laundering and serious fraud in Hong Kong.