Trans-regional economic crimes top list


Losses and damage to companies ensuing from trans-regional economic crimes have already exceeded losses generated by other types of crime against property, according to information provided by the head of the Division of Investigation of Economic Crimes of the Macau Judiciary Police (PJ), Chan Cho Man, in a story published by local newspaper Jornal Tribuna de Macau (JTM).
The most common economic crimes in Macau include offences linked to market regulation, foreign trade, commercial and industrial enterprises, finance management, tax administration, and intellectual property rights.
Akin to situations found in countries and territories worldwide, trans-regional crime is one of the ‘most common’ characteristics of economic crimes perpetrated in the city, said Chan, with suggestions that more efficient investigation and prosecution procedures can be pursued by improving judicial collaboration between the Macau SAR, Mainland China, the Hong Kong SAR and Taiwan.
The statements were cited from an article published by the authorities, including the statement that there is ‘considerable difficulty’ in improving collaboration in that regard due to the fact that ‘any other agreement on judicial co-operation at the regional level in criminal matters with the three regions’ has not yet been signed.