Special Supplement: Banking association targets financial crimes

Bankers and financial experts at the 55th congress of the International Banking Security Association (IBSA), held recently in Beijing, agreed on the growing importance of joint efforts by international financial institutions to fight against financial crimes in uncertain global financial markets.

This is the first IBSA congress held in China and Bank of China is the first bank on the mainland that has become an IBSA member.

The last decade has witnessed quickening economic globalization and development of Internet technology, adding to the fact that financial crimes not limited to one country or region.