Hong Kong financial regulator joins hands with big tech and telecom firms to step up fight against online fraud

Odaily News According to the Hong Kong Monetary Authority, the Hong Kong Monetary Authority, the Hong Kong Securities and Futures Commission, etc. jointly launched the Consumer Protection Anti-Fraud Charter 3.0 (Charter 3.0) on July 9, and established a cooperation framework with a number of large international technology companies and telecommunications companies (collectively referred to as participating institutions) to jointly combat online fraud. Participating institutions of Charter 3.0 include TikTok, Google, Meta, Microsoft, WeChat, Weibo, Xiaohongshu, China Mobile Hong Kong, China Unicom Hong Kong, etc. (Jinshi)