The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) today (23 June) jointly organised the launch ceremony for the “Smart Seniors Anti-Scam Ambassador Programme” at Nga Yin Association Neighbourhood Elderly Centre of The Neighbourhood Advice-Action Council to kick start the anti-scam publicity programme for the elderly in the second half of the year.
The HKMA and the banking industry have been conducting anti-scam education and publicity through various channels. The “Smart Seniors Anti-Scam Ambassador Programme” aims to enhance the anti-scam awareness of the elderly. Through visits to elderly centres across all 18 districts in Hong Kong, the programme encourages the elderly to become anti-scam ambassadors and share scam prevention messages with their family and friends.
At the launch ceremony, the HKMA introduced “Money Safe” and other anti-scam measures. With the support of the banking industry, 14 banks (see Annex) will implement interim “Money Safe” measures for the elderly and other customers1 by the end of June to provide extra protection to bank deposits. All retail banks will fully implement “Money Safe” by the end of this year.
Two promotional videos themed after vintage Cantonese movies were debuted at the event. The videos deploy the mnemonic “Three Anti-Scam Tactics” – “Keep Calm, Give Nothing, Verify and Seek Help”, and remind the elderly that scams are often old tricks in new disguises.
Mr Arthur Yuen, Deputy Chief Executive of the HKMA, said, “The HKMA attaches great importance to scam prevention work for the elderly. Through the ‘Smart Seniors Anti-Scam Ambassador Programme’, we hope to reach out to the community and convey anti-scam messages to more seniors through the elderly ambassadors. We also encourage the elderly to make good use of “Money Safe” and various anti-scam measures provided by banks to better protect themselves.”
Ms Mary Huen, Chairperson of the HKAB, said, “Strengthening consumer and investor protection is a top priority for the HKAB. The banking industry has been working closely with the HKMA on anti-fraud efforts and actively implementing measures to ensure the smooth launch of ‘Money Safe’. Earlier this year, we established a dedicated ‘Anti-Fraud Education Taskforce’ to coordinate diverse outreach activities and educational programmes targeting various vulnerable groups within the community. We expect over 100 relevant activities will be arranged throughout the year to comprehensively enhance public awareness of fraud prevention.”
Hong Kong Monetary Authority
The Hong Kong Association of Banks
23 June 2025
Mr Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA) (second from right); Ms Mary Huen, Chairperson of The Hong Kong Association of Banks (second from left); Mr Alan Au, Executive Director (Banking Conduct) of the HKMA (first from right); and Ms Fung Sau Man, Executive Director of The Neighbourhood Advice-Action Council (first from left), attend the launch ceremony of the “Smart Seniors Anti-Scam Ambassador Programme”.
Mr Arthur Yuen, Deputy Chief Executive of Hong Kong Monetary Authority (HKMA) (first row, fifth from right); Ms Mary Huen, Chairperson of The Hong Kong Association of Banks (first row, fourth from right); Mr Alan Au, Executive Director (Banking Conduct) of the HKMA (first row, fifth from left); Ms Fung Sau Man, Executive Director of The Neighbourhood Advice-Action Council (first row, fourth from left); Ms Winnie Wong, Head of Fraud & Credit, Wealth & Personal Banking of The Hongkong and Shanghai Banking Corporation Limited (first row, second from right); and Mr Chan Man, Deputy Chief Executive of Bank of China (Hong Kong) Limited (first row, third from right), attend the launch ceremony of the “Smart Seniors Anti-Scam Ambassador Programme”.
Mr Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, delivers opening remarks at the launch ceremony of the “Smart Seniors Anti-Scam Ambassador Programme”.
Ms Mary Huen, Chairperson of The Hong Kong Association of Banks, delivers opening remarks at the launch ceremony of the “Smart Seniors Anti-Scam Ambassador Programme”.
1 During the interim period, some banks only offer “Money Safe” to customers aged 65 or above and service details (such as applicable account types) may also vary among banks. Please contact individual banks for details.
