Hong Kong Police Department is stepping up processing power for a new anti-money laundering team to help increase suspicious financial transactions

Hong Kong Police Department is stepping up processing power for a new anti-money laundering team to help increase suspicious financial transactions




The Hong Kong police are planning to upgrade the computer system for their new anti-money laundering team to expedite the review of a wide range of suspicious financial activities, which rose 10 percent to more than 57,000 reports in the past year. Chief Superintendent Lam Man-Han, The head of the new financial intelligence and investigation bureau said officials are currently required to manually analyze every suspicious transaction report. Lam said she hoped new technology like a big data analytics system would help….

Read more on Hong Kong Police Department is stepping up processing power for a new anti-money laundering team to help increase suspicious financial transactions…




The Hong Kong police are planning to upgrade the computer system for their new anti-money laundering team to expedite the review of a wide range of suspicious financial activities, which rose 10 percent to more than 57,000 reports in the past year. Chief Superintendent Lam Man-Han, The head of the new financial intelligence and investigation bureau said officials are currently required to manually analyze every suspicious transaction report. Lam said she hoped new technology like a big data analytics system would help….

COMMENTS