Romance Scams in Hong Kong: How to Protect Yourself

When affection turns to alarm: romance scams hide behind glowing screens In Hong Kong, falling in love online has become almost as risky as lending money to that friend who’s “definitely going to pay you back this time.” Romance scams have evolved into sophisticated financial fraud operations where criminals spend months building fake relationships before […]

What are the Penalties for AML Non-Compliance in Hong Kong?

A digital landscape visualizing the real-time surveillance of AML compliance in Hong Kong Here’s something worth considering about Anti-Money Laundering compliance in Hong Kong: the penalties for getting it wrong are designed to be memorable. Take China CITIC Bank International, which recently paid HK$4 million to the Hong Kong Monetary Authority for suboptimal transaction monitoring. […]

Facing Elimination: Former FEMA Administrator Deanne Criswell Reacts

Dear Nonprofit Security Friends, Over the past six months, FEMA has been starved of experienced leadership at the helm, has forced upwards of a quarter of its employees to leave, has delayed or made resources unavailable, and has operated in an opaque and disengaged manner with the public and stakeholders. The result: Self-imposed disfunction. In […]