The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong Monetary Authority, Association of Banks & Banking Sector Support the Launch of Anti-Deception Alliance by Hong Kong Police to Strengthen Anti-Money-Laundering Ecosystem Against Fraud & Financial Crime, 24/7 Stop Payment Mechanism Strengthened with Faster Identification & Interception of Crime Proceeds and Proactive Identification of Scam Victims
28th November 2023 | Hong Kong
The Hong Kong Monetary Authority (HKMA), Hong Kong Association of Banks (HKAB) and the Hong Kong banking sector announced the support of the launch of the Anti-Deception Alliance (ADA) by the Hong Kong Police (HKPF) to strengthen the anti-money-laundering ecosystem against fraud & financial crime, with the existing 24/7 stop payment mechanism strengthened with faster identification & interception of crime proceeds, and proactive identification of scam victims. HKMA: “ADA is the latest achievement in a long history of close public-private collaboration among the HKMA, the HKPF and the banking industry to protect the financial system and our community against fraud and financial crime risk. ADA will strengthen the effectiveness of the existing 24/7 stop payment mechanism operated by the Anti-Deception Coordination Centre (ADCC) of the HKPF, by bringing together officers of the ADCC and bank staff of participating banks to expedite the identification and interception of crime proceeds, as well as proactive identification of potential victims of scams. The integrated work environment of ADA, together with analytics capabilities of banks driven by the HKMA’s work in AML/CFT Regtech, will boost intelligence sharing, enable swift decision-making and close cooperation among all stakeholders to grow the operational value of both the ADCC and the 24/7 stop payment mechanism.” More info below:
“ Hong Kong Monetary Authority, Association of Banks & Banking Sector Support the Launch of Anti-Deception Alliance by Hong Kong Police to Strengthen Anti-Money-Laundering Ecosystem Against Fraud & Financial Crime, 24/7 Stop Payment Mechanism Strengthened with Faster Identification & Interception of Crime Proceeds and Proactive Identification of Scam Victims “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Eddie Yue, Chief Executive of the HKMA: “The launch of the ADA marks another important milestone for public-private partnerships in combating fraud and financial crime. We firmly believe that rapid and effective communication and intelligence sharing will assist the banking industry to detect and prevent fraud risk and related mule account networks, as well as helping intercept fraudulent payments more effectively. All these efforts help protect and enhance public confidence in using digital financial services, and support the healthy development of Hong Kong as an international financial centre.”
Hong Kong Monetary Authority, Association of Banks & Banking Sector Support the Launch of Anti-Deception Alliance by Hong Kong Police to Strengthen Anti-Money-Laundering Ecosystem Against Fraud & Financial Crime
24th November 2023 – The Hong Kong Monetary Authority (HKMA), together with the Hong Kong Association of Banks (HKAB) and the banking sector, support the launch of the Anti-Deception Alliance (ADA) by the Hong Kong Police Force (HKPF) today (24 November) which will strengthen the capability of the anti-money laundering eco-system to detect, disrupt and deter scams.
ADA is the latest achievement in a long history of close public-private collaboration among the HKMA, the HKPF and the banking industry to protect the financial system and our community against fraud and financial crime risk. ADA will strengthen the effectiveness of the existing 24/7 stop payment mechanism operated by the Anti-Deception Coordination Centre (ADCC) of the HKPF, by bringing together officers of the ADCC and bank staff of participating banks1 to expedite the identification and interception of crime proceeds, as well as proactive identification of potential victims of scams. The integrated work environment of ADA, together with analytics capabilities of banks driven by the HKMA’s work in AML/CFT Regtech, will boost intelligence sharing, enable swift decision-making and close cooperation among all stakeholders to grow the operational value of both the ADCC and the 24/7 stop payment mechanism.
ADA is another example of how banks continue to work closely with key partners at the forefront of taking action to safeguard the community against fraud and financial crime. The Faster Payment System Suspicious Proxy ID Alert based on Scameter database will also be launched soon, and taken together with other anti-deception initiatives announced by the HKMA with the HKPF and 28 retail banks in April 20232 will enhance the fight against fraud and financial crime and reduce financial losses to the public.
Notes:
- The 10 participating retail banks include: The Bank of East Asia, Limited; Bank of China (Hong Kong) Limited; Bank of Communications (Hong Kong) Limited; DBS Bank (Hong Kong) Limited; Hang Seng Bank, Limited; The Hongkong and Shanghai Banking Corporation Limited; Industrial and Commercial Bank of China (Asia) Limited; Nanyang Commercial Bank, Limited; OCBC Bank (Hong Kong) Limited; and Standard Chartered Bank (Hong Kong) Limited.
- The five anti-deception initiatives include real-time fraud monitoring, bank-to-bank information sharing platform, suspicious proxy ID alert model, enhancement of 24/7 stop payment mechanism and assistance to investigation work of the HKPF. For details, see https://www.hkma.gov.hk/eng/news-and-media/press-releases/2023/04/20230421-7/
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
