HKMA's response on Nova Credit Limited's cessation of operation and exit of Credit Data Smart
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) has been informed by the Hong Kong Association of Banks, the Hong Kong Association of Restricted License Banks and Deposit-taking Companies, and the Hong Kong S.A.R. Licensed Money Lenders Association Limited (collectively as the Industry Associations) that one of the consumer credit reference agencies under Credit Data Smart, namely Nova Credit Limited (Nova) had decided to cease its operations and exit Credit Data Smart due to its own circumstances.
The HKMA learnt that the Industry Associations had required Nova to strictly comply with the requirements in the service agreement, including destroying all personal credit data downloaded from Credit Data Smart as soon as possible. The Industry Associations have already appointed an independent third party to closely monitor relevant work to protect the security of consumers' personal credit data.
The HKMA is concerned about the incident and has requested the Industry Associations to properly handle Nova's personal credit data and ensure the normal operation of Credit Data Smart. The HKMA will maintain close communication with the Industry Associations and supervise the relevant tasks to ensure that Nova's exit work will be properly conducted.
Source: AI-generated images
Hong Kong Customs detects three cases involving possession and trafficking of suspected "space oil drug" and other dangerous drugs by passengers
Hong Kong Customs yesterday (January 21) detected three cases involving possession and trafficking of suspected etomidate (the main ingredient of "space oil drug"), a kind of Part 1 poison under the Pharmacy and Poisons Regulations, and suspected dangerous drugs by outgoing passengers at the Lo Wu Control Point, the West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL) and the Lok Ma Chau Control Point. A total of four suspected "space oil drug" capsules, one vape stick containing suspected "space oil drug", 1.4 grams of suspected ketamine and 12.63 grams of suspected cocaine were seized.
The first case involved a local male passenger, aged 40, who went to the Mainland via the Lo Wu Control Point yesterday. During customs clearance, two suspected "space oil drug" capsules were found in his briefcase and 1.4g of suspected ketamine was found inside the underpants the man was wearing. He was subsequently arrested.
The second case involved a 23-year-old Mainland female passenger. The woman departed for the Mainland via the West Kowloon Station of the XRL yesterday. During customs clearance, one vape stick containing suspected "space oil drug" was found. She was then arrested.
The third case involved a local female passenger, aged 31, who went to the Mainland via the Lok Ma Chau Control Point yesterday. During customs clearance, two suspected "space oil drug" capsules and 12.63g of suspected cocaine were found in her handbag and underwear. She was then arrested.
The man in the first case has been released on bail pending further investigation. The arrested woman of the second case has been charged with one count of possession of Part 1 Poison and the case will be brought up at the Kowloon City Magistrates' Courts tomorrow (January 23). The arrested woman of the third case has been charged with one count of possession of Part 1 Poison and one count of trafficking in a dangerous drugs and the case will be brought up at the Fanling Magistrates' Courts tomorrow.
Under the Pharmacy and Poisons Ordinance, any person who possesses any poison included in Part 1 of the Poisons List other than in accordance with provisions commits an offence. The maximum penalty upon conviction is a fine of $100,000 and imprisonment for two years.
Under the Dangerous Drugs Ordinance, any person who possesses any dangerous drug commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for seven years. Any person who traffics any dangerous drug commits an offence and the maximum penalty upon conviction is a fine of $5 million and life imprisonment.
Members of the public may report any suspected drug trafficking activities to Customs' 24-hour report hotline 182 8080 or its dedicated crime reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).
Hong Kong Customs detects three cases involving possession and trafficking of suspected "space oil drug" and other dangerous drugs by passengers Source: HKSAR Government Press Releases
Hong Kong Customs detects three cases involving possession and trafficking of suspected "space oil drug" and other dangerous drugs by passengers Source: HKSAR Government Press Releases
Hong Kong Customs detects three cases involving possession and trafficking of suspected "space oil drug" and other dangerous drugs by passengers Source: HKSAR Government Press Releases
Hong Kong Customs detects three cases involving possession and trafficking of suspected "space oil drug" and other dangerous drugs by passengers Source: HKSAR Government Press Releases