The Financial Intelligence Office (GIF) held a "Sharing Session on Combating Money Laundering" with the Judiciary Police (PJ) on 20th October 2020, with the aim of maintaining close communication with the PJ, in order to better prevent and suppress money laundering activities and relevant risks that may occur in the Macao SAR.
The Director of GIF Ms. Connie Chu and Deputy Director Ms. Priscilla Fong, led the staff to the PJ headquarters for the sharing session. The Director of PJ appointed the Head of Gaming-related and Economic Crimes Investigation Department, Mr. Luís Leong, and a group of department heads to attend the session. During the sharing session, GIF expressed their gratitude to the Director of PJ for arranging this event, and to Mr. Leong and all department heads for taking time to share their opinions and discuss with GIF staff. It is hoped that, through a close exchange and in-depth discussion, both parties can be more effective in achieving the goals of preventing and combating money laundering crimes. Mr. Leong pointed out that, PJ has been attaching great importance to money laundering cases, and they will continue to reinforce and enhance the knowledge and investigative techniques of PJ officers in the field of AML by organizing continuous trainings.
During the session, GIF analysts shared the typologies of different types of cases and the respective analysis methods adopted, as well as the information and conclusion obtained after in-depth analysis. Representatives of PJ gained insight into details of the cases and in turn provided valuable suggestions based on their extensive experiences in the criminal investigation of financial crime. The two parties kept on interacting and had an in-depth discussion of these cases.
Both the Director of GIF Ms. Connie Chu and Department Head of PJ Mr. Leong agreed that the sharing session has successfully improved the understanding of the two parties on each other’s needs and difficulties in the investigation process, and consequently reinforced the solid foundation of prevention and joint combat of money laundering crimes in Macao.
On 3rd July 2020, the Gaming Inspection and Coordination Bureau (DICJ), together with PJ and GIF, organized an “AML Information Sharing” meeting to further improve the supervisory measure of the gaming sector against money laundering, with the Directors of the three departments participating throughout. On 20th August, PJ held a “Sharing Session on Combating Money Laundering” and invited GIF to share experience on AML and to enhance the exchange of information. This “Sharing Session on Combating Money Laundering” aims to strengthen the exchange and cooperation between the two parties in the scope of practical work, in order to increase the analysis capability of GIF analysts in the context of financial crimes. Inter-departmental meetings are held regularly indicating that the Macao SAR Government is greatly concerned about money laundering in Macao, and is firmly committed to prevent and combat money laundering crimes.
