According to Odaily: Hong Kong Customs Commissioner, Ho Peishan, underlined the critical role of international law enforcement collaboration during a recent meeting to address emerging financial crimes leveraging virtual assets.
Attending the 34th Hong Kong Customs and South Korean Customs Cooperation Conference held in Seoul, alongside South Korean Customs Department Director Gao Guangxiao, Commissioner Ho emphasized the need to meet head-on the new challenges in anti-narcotics, combating money laundering, and protecting intellectual property rights.
Ho pointed out that financial crimes involving virtual assets are a burgeoning area of concern, requiring close cooperation and coordination between international law enforcement agencies to efficiently tackle and mitigate potential threats. Commissioner Ho's remarks underscore the increasingly complex landscape of financial crimes as digital currencies rise to prominence and the pivotal role that international collaborations play in addressing such crimes.
