All posts tagged "national security law"
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100FeatureNational Security, Financial Stability are Mutually Dependent: HKMA
Chief executive Eddie Yue said the HKMA is pursuing initiatives to enhance its use of technology to analyse financial data as part of its efforts in market supervision.
April 19, 2021 -
194AML / KYCUS Sanctions 24 Officials Over Hong Kong Electoral Changes
Foreign financial institutions that knowingly conduct significant transactions with the 24 individuals are subject to sanctions.
March 19, 2021 -
217AML / KYCHK Banks Told to Stop Accepting BNO Passports as Valid ID
The HKAB updated its guidance for banks after the government said it would no longer recognise BN(O) passports as valid travel documents or forms of identity.
February 9, 2021 -
274Big PictureHK Bank Profitability Suffers, Loan Quality Deteriorates
HKMA deputy chief executive Arthur Yuen says banks will continue to face challenges this year as Hong Kong suffers its worst recession on record.
February 5, 2021 -
403FeatureHK Regulators Ask Bankers to Explain Reasons for Departing City
Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.
January 28, 2021 -
571AML / KYCChina Issues New Rules to Protect from Foreign Sanctions
Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for compensation in Chinese courts.
January 11, 2021 -
209AML / KYCUS Sanctions Another 14 Chinese Officials Over Hong Kong
A Chinese foreign ministry spokesperson said Beijing would take “firm counter-measures against the malicious actions by the US".
December 9, 2020 -
223AML / KYCChina Imposes Reciprocal Sanctions Against Four US-Linked Individuals
Four individuals at US-linked nonprofits are barred from entering China, including Hong Kong and Macau, for having “performed badly” over Hong Kong affairs.
December 7, 2020 -
671AML / KYCUS Sanctions Four More Officials Over Hong Kong National Security Law
China's Foreign Ministry says the move is a violation of the basic norms governing international relations, urging the US to withdraw the sanctions.
November 11, 2020 -
894AML / KYCSFC Eases Uncertainty Over National Security Law – Report
Implementing US sanctions is unlikely to be considered a breach of the national security law. The SFC has dropped a plan to force cloud providers to share client data.
November 10, 2020
