Home Operator Submits Report Over Abuse Allegations
"); jQuery("#212 h3").html("

"); });
2022-01-25 HKT 22:01
The Social Welfare Department on Tuesday said it'd received a report from the Society for the Protection of Children over alleged child abuse cases at a foster home it runs.
The department said it's studying the report which includes a review of the situation and proposals for improvement.
The department did not rule out taking regulatory action, or striking off child care workers deemed unsuitable for the job.
Officials also said they have been conducting surprise checks at the Children's Residential Home daily, and a team of nurses and social workers has been sent in to monitor the operation of the foster home.
Twenty staff from the facility operated by the society in Prince Edward have been arrested on suspicion of ill-treatment or neglect of children, with the number of alleged victims standing at 35.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
