Purpose – The purpose of this paper is to discuss the vulnerability of the stock market in Hong Kong being used by money launderers to launder proceeds of crime. Design/methodology/approach – This paper considers case studies, legal authorities and other research material to demonstrate the veracity of the proposition. Findings – No similar prosecution due to difficulties in collating evidence, but the risk of the stock market being used as a medium for money laundering is real. Originality/value – There has been little discussion on this topic before. This paper may generate the interests of prosecutors and investigators in other jurisdictions to share their experience in handling this threat.
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