NEWS: Wigan drugs and money laundering gang jailed for over 40 years

Regulatory Watch News

• 

  Invisible crime: the fight against corruption in Hong Kong

  UNODC

  March 19, 2025

  Corruption can infiltrate institutions, business deals and public services, stealing resources and diverting them from those in need. But unlike violent crimes, where there is physical evidence, a victim, or a crime scene, corruption often leaves behind no visible trace. “If you understand the nature of corruption, it’s very secretive,” says Ricky Yau, Deputy Commissioner and Head of Operations of the Hong Kong Special Administrative Region of China Independent Commission Against Corruption (ICAC). “Almost like an invisible enemy. But it’s there, and it’s affecting people.” UNODC sat down with Ricky to talk about the fight against corruption, the challenges of uncovering hidden crimes and the importance of global cooperation.

• 

  Coinvestor Partners GmbH: BaFin warns about the website coinvestor-ai.com

  BaFin

  March 19, 2025

  The Federal Financial Supervisory Authority (BaFin) warns consumers about the offers on the website coinvestor-ai.com. BaFin suspects the operator of the website Coinvestor Partners GmbH from London, UK, of offering consumers banking business, financial and investment services without the required authorisation.

• 

  Instant Message Alert – Phishing instant messages related to Industrial and Commercial Bank of China (Asia) Limited

  HKMA

  March 19, 2025

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Industrial and Commercial Bank of China (Asia) Limited relating to phishing instant messages, which have been reported to the HKMA.  A hyperlink to the press release is available on the HKMA website.