5
MONDAY, QU (OBER 21, 1991
"BY IMPLEMENTING
PROPER CUSTOMER
AND IDENTIFICATION
LAW ENFORCEMENT
KEEPING SYSTEMS, AND BY CO-OPERATING WITH BANKS CAN GIVE ASSISTANCE THAT IS OF ENORMOUS VALUE AND PROSECUTIONS WORK, HE SAID.
RECORD AGENCIES, ΤΟ INVESTIGATION
THE ORDINANCE ALSO ENABLED ORDERS OF FOREIGN COURTS
HERE AND FOR HONG CONFISCATING DRUGS ASSETS TO BE ENFORCED
KONG'S AGREEMENT CONFISCATION ORDERS TO BE ENFORCED OVERSEAS IF THERE WAS AN TO DO SO.
ENTERED INTO
RECIPROCAL
"HONG KONG HAD
FOR AGREEMENTS
THE STATES, PURPOSES OF THIS ORDINANCE WITH AUSTRALIA, CANADA, THE UNITED
JURISDICTIONS (ENGLAND AND SIX UK
AND
SCOTLAND, NORTHERN WALES, AND GUERNSEY) AND WE ARE CONTINUING IRELAND, ISLE OF MAN, JERSEY TALKS WITH A NUMBER OF OTHER COUNTRIES TO THE SAME END.
"THESE AGREEMENTS ARE A PRACTICAL EXAMPLE OF THE WAY
FIGHT INTERNATIONAL HONG KONG IS PLAYING ITS PART IN THE DRUG RELATED MONEY LAUNDERING."
IN WHICH TO COMBAT
IN
ALSO PARTICIPATED SINCE DECEMBER 1990, HONG KONG HAD
THE TASK WORK OF THE G7 (SEVEN MAJOR INDUSTRIAL NATIONS) FINANCIAL ACTION
THIS YEAR UPON FORCE,
WAS CONFIRMED IN MARCH AND MEMBERSHIP ENDORSEMENT OF THE TASK FORCE RECOMMENDATIONS.
KONG IN TAKING A MEMBERSHIP OF THE TASK FORCE INVOLVED HONG
MONEY LAUNDERING LEAD ROLE IN THE DEVELOPMENT OF MEASURES TO COUNTER THROUGH BOTH
AND THE FORMAL
INFORMAL
WITH FINANCIAL SECTORS, PARTICULAR REFERENCE TO THE ASIA AND PACIFIC REGION.
MR MATHEWS ALSO TALKED ABOUT ASSISTANCE.
OTHER ASPECTS
OF
MUTUAL
LEGAL
KONG HAD IN THE FIELD OF EXTRADITION, HONG
JURISDICTIONS OVERSEAS IN THE CO-OPERATING WITH RETURN OF FUGITIVE CRIMINALS.
PLAYED IT'S APPREHENSION
PART
AND
"IT IS A SAD COMMENTARY ON THE SCALE OF THE
OUR EXTRADITION WORK 18 THE BULK OF OFFENCES.
DRUGS TRADE CONCERNED INDEED
THAT
WITH
DRUG
"LAST YEAR, HONG KONG HANDLED CASES WITH 10 COUNTRIES.
NO FEWER THAN
30 EXTRADITION
ON A SERIES OF WHOM WE HAVE BILATERAL EXTRADITION
"LOOKING TO THE FUTURE, WE ARE NOW EMBARKING BILATERAL NEGOTIATIONS WITH A NUMBER OF COUNTRIES WITH EXTRADITION TRAFFIC WITH A VIEW TO PRODUCING AGREEMENTS THAT WILL ENDURE BEYOND 1997."
FOLLOWING THE MEETING OF
LONDON
IN THE
MONTH, LAST
OF
FIELD WIDER
ASSISTANCE, HE SAID MUTUAL LEGAL THE SINO-BRITISH JOINT LIAISON GROUP IN DETAILED
WOULD DISCUSSIONS
BE HELD WITH ON THE TEXT OF A MODEL BE AUTHORISED MUTUAL LEGAL ASSISTANCE AGREEMENT THAT HONG KONG WOULD TO NEGOTIATE WITH FOREIGN JURISDICTIONS.
REPRESENTATIVES OF THE CHINESE GOVERNMENT
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