Hong Kong National Security Laws Shouldn’t Affect Banks’ Operations, Says Regulator


Source: ibtimes.sg ibtimes.sg

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Hong Kong's capital markets regulator sought on Sunday, July 19 to reassure global banks in the city that China's newly imposed national security law for the financial hub would not pose threat to their operations. The "free-flow" of information is one of the "fundamental attributes" that have made Hong Kong an international financial center, and this is not expected to change under the new laws, said Securities and Futures Commission chief executive Ashley Alder. Ads of National Security Law in Kong Kong Twitter/ @chunyinnnn The regulator "would like to clarify that it is not aware of any aspect of the...