Hong Kong Academy of Finance and Tsinghua University PBC School of Finance sign Memorandum of Understanding
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Academy of Finance (AoF) and the Tsinghua University PBC School of Finance (Tsinghua PBCSF) today (January 30) signed a Memorandum of Understanding (MoU) in Hong Kong to establish a formal framework for fostering collaboration on research, knowledge exchange and financial leadership development.
The MoU outlines potential areas of collaboration between the AoF, including its research arm, the Hong Kong Institute for Monetary and Financial Research, and the Tsinghua PBCSF. Both sides plan to promote exchanges through various initiatives, including mutual visits of faculty members, scholars, and participants of financial leadership programmes; organisation of activities, seminars and academic conferences; collaboration on research and development projects in areas of common interest; and support for initiatives that are conducive to reinforcing Hong Kong's status as an international financial centre.
The Chief Executive Officer of the AoF, Mr Enoch Fung,said, "The AoF has previously collaborated with Tsinghua PBCSF on multiple conferences and events with highly positive outcomes. The MoU will facilitate the AoF to expand its network on the Chinese Mainland, further reinforcing its status as a centre of excellence for developing financial leadership and a repository of knowledge in monetary and financial research."
The Dean of the Tsinghua PBCSF, Mr Jiao Jie,added, "We are delighted to deepen and widen our partnership with the AoF. We look forward to more collaborations in nurturing international financial talents, global financial policies, cutting-edge research and implementation in financial technology, and fostering a vibrant fintech ecosystem."
About the Hong Kong Academy of Finance
The AoF is set up with full collaboration amongst the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. The mission of the AoF is to serve as a centre of excellence for developing financial leadership and a repository of knowledge in monetary and financial research, including applied research.
About the Tsinghua University PBC School of Finance
Tsinghua PBCSF, established on the foundation of the Graduate School of the People's Bank of China and leveraging the century-old educational resources of Tsinghua University, is committed to cultivating high-level, innovative, and international financial talents.
Hong Kong Academy of Finance and Tsinghua University PBC School of Finance sign Memorandum of Understanding Source: HKSAR Government Press Releases
Hong Kong Customs detects two dangerous drugs cases and seizes suspected drugs worth about $3.4 million
Hong Kong Customs detected two dangerous drugs cases in Hong Kong International Airport and Yau Ma Tei respectively on April 1 and yesterday (April 2), and seized a total of about 3.1 kilograms of suspected ketamine, about 1.7 kilograms of suspected cocaine and about 1.7 kilograms of suspected methamphetamine with a total estimated market value of about $3.4 million. Two persons suspected to be connected with the cases were arrested.
In the first case, a 43-year-old male passenger arrived in Hong Kong from Bangkok, Thailand on April 1. During customs clearance, Customs officers found about 3.1 kilograms of suspected ketamine concealed inside food packaging in his baggage. The man was subsequently arrested.
In the second case, during an anti-narcotics operation conducted in Yau Ma Tei on April 2, Customs officers intercepted a 41-year-old man and later escorted him to a hotel room nearby for a search and seized about 1.7 kilograms of suspected cocaine, about 1.7 kilograms of suspected methamphetamine, a drug inhaling apparatus and a batch of drug packaging paraphernalia. The man was subsequently arrested.
The arrested persons have been charged with one count of trafficking in a dangerous drug respectively and will appear at the Kwun Tong Magistrates' Courts tomorrow (April 4).
Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not to participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people, nor to release their personal data or home address to others for receiving parcels or goods.
Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.
Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.
Members of the public may report any suspected drug trafficking activities to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).
Hong Kong Customs detects two dangerous drugs cases and seizes suspected drugs worth about $3.4 million Source: HKSAR Government Press Releases
Hong Kong Customs detects two dangerous drugs cases and seizes suspected drugs worth about $3.4 million Source: HKSAR Government Press Releases
Hong Kong Customs detects two dangerous drugs cases and seizes suspected drugs worth about $3.4 million Source: HKSAR Government Press Releases
