It was recently reported that internal company documents of Meta projected it would earn about US$16 bln, equivalent to 10% of its overall annual revenue, from running advertisements for scams and banned goods. The company's platforms were involved in a third of all successful scams in the US. In fact, Meta's own research suggests that its products have become a pillar of the global fraud economy. A weak regulatory environment does not require the social-media giant to make greater efforts to protect its users from being exposed to fraudulent e-commerce and investment schemes, or the sale of banned medical products. The US government has forgotten that contents of social media are borderless. If the US government chooses to ignore or allow the illegal and irresponsible behaviour of her own social media giants, the rest of the world gets adversely affected. The Chinese government was smart and responsible enough to impose controls on such double-edge social media.

Capital Dynamics is licensed in a number of countries to conduct its investment advisory and fund management activities. Compliance with the various rules and regulations of these countries is a major exercise. However, stringent regulations in the financial industry are necessary because it involves the ordinary people and their hard-earned money. In addition, a properly regulated financial system is indispensable for savers and investors to have the confidence to place their money in the markets and support economic activities. When investors purchase the products and services of Capital Dynamics, they can rest assure that they are dealing with a financial institution that makes protecting investors’ interests its key mission and we operate in a tightly regulated environment.