The national security law has been amended to allow assets to be frozen “until the conclusion of the proceedings" such as criminal prosecutions.
December 16, 2023The proposed legislation would direct the US President to consider sanctioning 49 individuals involved in prosecuting National Security Law cases.
November 6, 2023A WTO panel found that the US violated an obligation towards Hong Kong by giving it less favourable treatment than other WTO members.
December 23, 2022A letter from a bipartisan group of US lawmakers asks HSBC to justify its actions to freeze the accounts of activists, independent media, and civic groups in Hong Kong.
March 9, 2022FIs "must" disclose to the JFIU property held by persons charged for offences under the National Security Law regardless of the portion of shareholdings.
October 25, 2021A business advisory from four US government agencies says US firms should be aware of the risks they face if they continue operating in Hong Kong.
July 18, 2021Letters sent to HSBC and Citibank threaten up to seven years' jail for any dealings with Hong Kong accounts belonging to media tycoon Jimmy Lai.
May 29, 2021Chief 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, 2021Foreign financial institutions that knowingly conduct significant transactions with the 24 individuals are subject to sanctions.
March 19, 2021The 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