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Author Archives: hksar gov

WSD-registered consumer convicted of failing to provide relevant information or documents for suspected case of overcharging for water

     The Water Supplies Department (WSD) announced that a WSD-registered consumer of a subdivided flat in North Point, Hong Kong, was convicted today (April 1) of failing to comply with the Water Authority’s request to provide relevant information or documents for a suspected case of overcharging for water, in contravention of regulation 47A of the Waterworks Regulations. The consumer pleaded guilty to the offence at the Eastern Magistrates’ Courts.
      
     A spokesman for the WSD said that the Waterworks (Amendment) Ordinance (the amended WWO) 2024 has strengthened the power of the Water Authority in evidence collection and information disclosure during the investigation of suspected cases of overcharging for water. The Water Authority can request the landlords, their agents, etc, to provide the tenancy agreement, receipt or payment record for charges for water. Failure to comply with such a request can be an offence, and the offender is liable on conviction to a maximum fine of $10,000 and a further fine of up to $1,000 for each day the offence continues. It is anticipated that there will be more prosecution cases. The maximum penalty for overcharging tenants of subdivided units (SDUs) for water has been raised to $25,000 to deter this illegal act. Moreover, providing false or misleading information to the Water Authority is also an offence with a maximum penalty of a $25,000 fine and six months’ imprisonment. 
 
     The WSD spokesman strongly appealed to landlords to apply for the installation of separate water meters for their SDUs, which can greatly reduce the risk of contravening the amended WWO. The WSD encourages the public to report any illegal act of overcharging SDU tenants for water for follow-up and investigation by the department. The public can call the WSD Hotline 3468 4963 or WhatsApp 5665 5517 to apply for the installation of separate water meters for SDUs. The WhatsApp hotline also handles matters relating to water overcharging in SDUs. Alternatively, the public can call the WSD Customer Enquiry Hotline 2824 5000 to report water overcharge cases. After calling the hotline and choosing a language, they can press “7” for reporting to staff directly. read more

Exchange Fund Bills tender results

The following is issued on behalf of the Hong Kong Monetary Authority:

     Exchange Fund Bills tender results:
 

Tender date : April 1, 2025
Paper on offer : EF Bills
Issue number : Q2514
Issue date : April 2, 2025
Maturity date : July 2, 2025
Amount applied : HK$178,751 MN
Amount allotted : HK$67,230 MN
Average yield accepted : 3.13 PCT
Highest yield accepted : 3.16 PCT
Pro rata ratio* : About 84 PCT
Average tender yield : 3.30 PCT
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Tender date : April 1, 2025
Paper on offer : EF Bills
Issue number : H2543
Issue date : April 2, 2025
Maturity date : October 2, 2025
Amount applied : HK$66,080 MN
Amount allotted : HK$20,000 MN
Average yield accepted : 3.14 PCT
Highest yield accepted : 3.16 PCT
Pro rata ratio* : About 14 PCT
Average tender yield : 3.29 PCT
 
*”Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “highest yield accepted” level.
 
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     Hong Kong Monetary Authority tenders to be held in the week beginning April 7, 2025:
 
Tender date : April 8, 2025
Paper on offer : EF Bills
Issue number : Q2515
Issue date : April 9, 2025
Maturity date : July 9, 2025
Tenor : 91 Days
Amount on offer : HK$68,073 MN
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Tender date : April 8, 2025
Paper on offer : EF Bills
Issue number : H2544
Issue date : April 9, 2025
Maturity date : October 8, 2025
Tenor : 182 Days
Amount on offer : HK$19,000 MN
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Tender date : April 8, 2025
Paper on offer : EF Bills
Issue number : Y2588
Issue date : April 9, 2025
Maturity date : April 8, 2026
Tenor : 364 Days
Amount on offer : HK$4,000 MN
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Fraudulent websites and internet banking login screens related to The Bank of East Asia, Limited

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Bank of East Asia, Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
      
     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
      
     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the websites or login screens concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more

Fraudulent website and internet banking login screen related to Chong Hing Bank Limited

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Chong Hing Bank Limited relating to a fraudulent website and an internet banking login screen, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
      
     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
      
     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the website or login screen concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more