The effective exchange rate index for the Hong Kong dollar on Thursday, October 11, 2018 is 105.5 (up 0.1 against yesterday's index).

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 Hang Seng Bank, Limited on fraudulent website, which has been reported to the HKMA.  Hyperlink to the press release is available on the HKMA website for ease of reference by members of the public.
 
     Anyone who has provided his or her personal information to the website concerned or has conducted any financial transactions through the website should contact the bank concerned using the contact information provided in the press release, and report to the Police or contact the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force at 2860 5012.

     Hong Kong Customs arrested a male owner and a female manager of a restaurant on October 9 suspected of supplying food with a false trade description, in contravention of the Trade Descriptions Ordinance (TDO). 

     Customs earlier received information and conducted a test-buy operation at a restaurant in Tuen Mun on a dish of baked cheese grouper rice.

     Examination by the Government Laboratory confirmed that the fish fillets of the food were catfish, different from what had been declared.

     After investigation, Customs arrested a 60-year-old male owner and a 55-year-old female manager on October 9.

     Investigation is ongoing.

     Customs reminds traders to comply with the requirements of the TDO and consumers to procure products at reputable restaurants.

     Under the TDO, any person who supplies goods with a false trade description in the course of trade or business, or is in possession of any goods for sale with a false trade description, commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.

     Members of the public may report any suspected violations of the TDO to Customs' 24-hour hotline 2545 6182 or its dedicated crime-reporting email account (crimereport@customs.gov.hk).

The following is issued on behalf of the Legislative Council Secretariat:

     The Legislative Council (LegCo) House Committee will hold the first meeting of the 2018-2019 session tomorrow (October 12) at 2.30pm in Conference Room 1 of the LegCo Complex.

     Meanwhile, the LegCo Finance Committee will hold a meeting tomorrow at 3.15pm in Conference Room 1 of the LegCo Complex.

     The Secretary for Home Affairs, Mr Lau Kong-wah, will depart for Macao tomorrow afternoon (October 12) to attend a youth forum on the development of Guangdong-Hong Kong-Macao Greater Bay Area and relevant events.
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     Mr Lau will return to Hong Kong on Saturday afternoon (October 13). During his absence, the Under Secretary for Home Affairs, Mr Jack Chan, will be the Acting Secretary for Home Affairs.