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The Securities and Futures Commission (SFC) and the Commercial Crime Bureau (CCB) of the Hong Kong Police issue the following joint statement to clarify a media report published today (May 29):
The SFC and CCB have respective statutory duties and responsibilities to prevent and detect criminal offences under the Securities and Futures Ordinance (Cap. 571) and the Police Force Ordinance (Cap. 232). Both organisations have independent functions that are important in the due administration and enforcement of the two Ordinances. These functions are complementary to each other and play an important role in protecting the integrity of the financial markets in Hong Kong.
The respective investigations into the affairs of Hong Kong Mercantile Exchange (HKMEx) are ongoing. Both the SFC and CCB are working closely on the case and will continue to fully cooperate with each other to carry out their duties efficiently and fairly in the interests of the public and in accordance with the law.
Police Report No.339
Issued by PPRB
Ends/Wednesday, May 29, 2013
Issued at HKT 20:31
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