Financial Secretary Paul Chan Attends 58th Asian Development Bank Annual Meeting in Milan.

FS attends Asian Development Bank Annual Meeting in Milan, Italy (with photos/video)

The Financial Secretary, Mr Paul Chan, arrived in Milan, Italy, yesterday (May 4, Milan time) to attend the 58th Annual Meeting of the Asian Development Bank (ADB).

Mr Chan participated in the ADB's Constituency Meeting, the main discussion topics of which included sharing co-operation experiences between the ADB and member countries, how to navigate the current economic risks and uncertainties in the region, optimising resource utilisation to better assist low- and middle-income countries, and providing technical assistance and capacity building for member countries. Mr Chan stated that Hong Kong, China welcomes the ADB's strengthened support for developing countries in addressing climate change, developing the private sector, promoting regional co-operation and digital transformation, etc. Moreover, Hong Kong, China supports enhancing technical assistance to developing member countries to improve the effectiveness of development projects. Mr Chan noted that, as an international financial centre, Hong Kong is willing to continue sharing knowledge and experiences with other members in areas such as establishing capital markets, promoting green transition and green finance development, and infrastructure financing.

Mr Chan also met with the Director representing Hong Kong, China's constituency in the ADB Board of Directors, Ms Rachel Thompson, to discuss how Hong Kong can better assist the ADB in the issuance of insurance-linked securities, including catastrophe bonds.

In the evening, Mr Chan attended a reception organised by Italy, the host country of the Annual Meeting.

Mr Chan will continue participating in the events related to the ADB Annual Meeting today (May 5, Milan time).

FS attends Asian Development Bank Annual Meeting in Milan, Italy (with photos/video) Source: HKSAR Government Press Releases

FS attends Asian Development Bank Annual Meeting in Milan, Italy (with photos/video) Source: HKSAR Government Press Releases

FS attends Asian Development Bank Annual Meeting in Milan, Italy (with photos/video) Source: HKSAR Government Press Releases

Scam alert related to banks

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on theHKMA website.

Bank

Type of scam

The Bank of East Asia, Limited

Fraudulent websites, internet banking login screens and phishing email

Shanghai Commercial Bank Limited

Fraudulent website and internet banking login screen

OCBC Bank (Hong Kong) Limited

Fraudulent website and internet banking login screen

Chong Hing Bank Limited

Fraudulent website and internet banking login screen

Chiyu Banking Corporation Limited

Fraudulent websites and internet banking login screens

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks' websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).

Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

Source: AI-found images