Top Police Officer To Be Next Ombudsman
"); jQuery("#212 h3").html("

"); });
2019-01-14 HKT 20:42
Deputy police commissioner Winnie Chiu, the third in command in the force, will step down early and become the next Ombudsman, government sources say.
This comes after the police chief Stephen Lo had his term extended for a year to ensure a "smooth transition" of power.
Chiu, 56, is Hong Kong's first female deputy police chief and had been expected to retire from the force when she reaches retirement age in August.
But sources say she will leave early to take over from Connie Lau, who's indicated that she's not interested in staying on as Ombudsman after her contract expires at the end of March.
Sources say the early departure of the deputy chief, who is in charge of management, will have no impact on the force's succession plan.
Deputy chief for operations Chris Tang is tipped to become the next police chief when Lo retires later this year.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
