Chief Executive of the Hong Kong Monetary Authority Eddie Yue Wai-man (second left), Secretary for Security Chris Tang Ping-keung (second left), Secretary for Justice Paul Lam Ting-kwok (center), Commissioner of Police Joe Chow Yat-ming (third right), and Chairman of the Hong Kong Association of Banks Sun Yu (second right) attend the 2026 Territory-wide Anti-Fraud Education Campaign launch ceremony at Two International Finance Centre in Hong Kong on July 2, 2026. (ADAM LAM / CHINA DAILY)
Officials from law enforcement, security, banks, and regulatory agencies launched a citywide anti-fraud education campaign during a ceremony on Thursday.
Led by the Hong Kong Association of Banks and a task force of 19 member banks, the initiative aims to strengthen public awareness and resilience amid the rising financial cost of scams, which caused HK$8 billion ($1.02 billion) in losses across over 43,000 cases last year.