Joint Financial Intelligence Unit (JFIU)

The Joint Financial Intelligence Unit (JFIU) is the FIU in Hong Kong, China. It is jointly run by the Hong Kong Police Force and Hong Kong Customs and Excise Department. The Unit is based in Police Headquarters, Wanchai.

The JFIU was set up in 1989 to receive reports of suspicious financial activity made under the Drug Trafficking (Recovery of Proceeds) Ordinance (CAP 405) of 1989 (DTROPO) and, since 1995, the Organized and Serious Crimes Ordinance (CAP 455) of 1994 (OSCO). All persons have a duty to make a report to the JFIU if they know or suspect that any property is the proceeds of, or was used or is intended to be used in connection with, drug trafficking or any indictable offence (See s 25 A of both the DTROPO and the OSCO).

JFIU does not investigate suspicious transactions. The role of the Unit is to receive, analyse and store suspicious transactions reports (STRs) and to disseminate them to the appropriate investigative unit. Typically, STRs will be passed to either the Narcotics Bureau or the Organized Crime & Triad Bureau of the Hong Kong Police Force, or the Customs Drug Investigation Bureau of the Hong Kong Customs & Excise Department.