HKMA Launches Anti-Scam Consumer Protection Charter 3.0, Collaborating with Techs & Telecoms to Combat Financial Scams
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA) and the Mandatory Provident Fund Schemes Authority (MPFA) announced the launch of the Anti-Scam Consumer Protection Charter 3.0.
The Charter 3.0 represents a significant step forward in anti-scam actions by establishing a collaborative framework between financial regulators and technology firms and telecommunications firms in combatting financial fraud and scams targeting the Hong Kong public.
Participating organizations include TikTok, Google (GOOGL.US), Meta (META.US), Microsoft (MSFT.US), WeChat, WB-SW (09898.HK), Rednote, China Mobile Hong Kong, China Unicom (Hong Kong), HGC Global Communications, HKT-SS (06823.HK), HUTCHTEL HK (00215.HK) and SMARTONE TELE (00315.HK).
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AASTOCKS Financial News
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