In order to effectively implement the requirements of the "Greater Bay Guangdong-Hong Kong-Macao Development Planning Guidelines" regarding the improvement of the cross-border mechanism for exchanging information on combating money laundering and terrorist financing, GIF periodically meets with the financial intelligence units (FIUs) of Mainland China and Hong Kong SAR, namely the China Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC) of the People's Bank of China (PBOC) and the Hong Kong Joint Financial Intelligence Unit (HKJFIU). To further strengthen the cross-border exchange and cooperation between FIUs of Mainland China, Hong Kong SAR and Macao SAR in the fight against money laundering, the Director of GIF, Ms. Chu Un I, Deputy Director, Ms. Fong Iun Kei, Functional Chiefs Ms. Chan Ka Sin and Ms. Vong Man Ieng, went to Zhuhai on 23rd December 2020 to join with representatives of CAMLMAC to attend an online meeting with HKJFIU.
The meeting mainly focused on experience sharing of cross-border suspicious transactions involving Mainland China, Hong Kong SAR and Macao SAR, and the typologies development of relevant criminal threats, exploration of feasible mechanism to enhance cooperation among these three FIUs, and also information sharing of cross-border capital flows and Macao AML/CFT policies. Through this online and face-to-face meeting, in addition to deepening the mutual understanding of the three FIUs about suspicious transactions involving Mainland China, Hong Kong and Macao, it also helps strengthening the cooperation and communication between these three jurisdictions on AML/CFT supervision, so as to enhance the preventive capability of financial institutions in the Great Bay Area against cross-border money laundering crimes.
Participants of this meeting includes Director-General Mr. Gou Wenjin, Deputy Director-General Ms. Hao Xiangjie, Deputy Director of Division Ms. Liu Xiaona and other representatives from CAMLMAC, Deputy President Mr. Su Yun of the State Administration of Foreign Exchange Guangzhou Branch, AML Division Director Mr. Li Bo of PBOC Guangzhou Branch, and also the Head of HKJFIU, Superintendent Ms. Leung Oi Lam, Chief Inspector Ms. Wong Wai Chi and Senior Inspector Ms. Tam Meng Chu.
